Recap: Unity Bancorp Q2 Earnings

Unity Bancorp UNTY reported its Q2 earnings results on Thursday, July 14, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Unity Bancorp beat estimated earnings by 2.33%, reporting an EPS of $0.88 versus an estimate of $0.86.

Revenue was up $3.16 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 1.18% increase in the share price the next day.

Here's a look at Unity Bancorp's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.81	0.86	0.81	0.75
EPS Actual	0.85	0.92	0.90	0.80
Revenue Estimate	22.40M	22.47M	21.89M	21.18M
Revenue Actual	22.14M	23.47M	22.53M	21.34M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Unity Bancorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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