Amalgamated Financial Q3 2024 Adj. EPS $0.91 Beats $0.83 Estimate, Sales $81.046M Beat $80.443M Estimate
Portfolio Pulse from Benzinga Newsdesk
Amalgamated Financial (NASDAQ:AMAL) reported Q3 2024 earnings per share of $0.91, surpassing the analyst estimate of $0.83 by 9.64%. The company's sales were $81.046 million, exceeding the estimate of $80.443 million and marking a 14.95% increase from the previous year.
October 24, 2024 | 10:27 am
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Amalgamated Financial's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $0.91 and sales at $81.046 million, showing strong year-over-year growth.
The company's earnings per share and sales both exceeded analyst expectations, indicating strong financial performance. The significant year-over-year sales growth further supports a positive short-term outlook for the stock.
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