Unity Bancorp Q3 2024 GAAP EPS $1.07 Beats $0.95 Estimate, Sales $27.659M Beat $26.095M Estimate
Portfolio Pulse from Benzinga Newsdesk
Unity Bancorp reported its Q3 2024 financial results, with GAAP EPS of $1.07 surpassing the estimated $0.95, and sales of $27.659 million exceeding the expected $26.095 million.
October 11, 2024 | 10:06 am
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Unity Bancorp's Q3 2024 earnings and sales exceeded expectations, with GAAP EPS at $1.07 beating the $0.95 estimate and sales reaching $27.659M, above the $26.095M forecast.
The better-than-expected earnings per share and sales figures indicate strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100