Unity Bancorp Inc <UNTY.OQ> expected to post earnings of $1.13 a share - Earnings Preview

ReutersApr 8, 2025 12:33 PM

Unity Bancorp Inc UNTY.OQ UNTY.O is expected to show a rise in quarterly revenue when it reports results on April 10 (estimated) for the period ending March 31 2025
The Clinton New Jersey-based company is expected to report a 15.7% increase in revenue to $28.816 million from $24.92 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Unity Bancorp Inc is for earnings of $1.13 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Unity Bancorp Inc is $54.00, above its last closing price of $39.94.

Previous quarterly performance (using preferred earnings measure in US dollars).

QUARTER ENDING	STARMINESMARTESTIMATE®	LSEG IBES ESTIMATE	ACTUAL	BEAT, MET, MISSED	SURPRISE %
Dec. 31 2024	1.07	1.06	1.13	Beat	6.6
Sep. 30 2024	0.95	0.95	1.07	Beat	13.1
Jun. 30 2024	0.92	0.92	0.93	Beat	1.2
Mar. 31 2024	0.91	0.90	0.93	Beat	3.3
Dec. 31 2023	0.86	0.86	0.96	Beat	11.2
Sep. 30 2023	0.89	0.89	0.97	Beat	8.7
Jun. 30 2023	0.92	0.91	0.95	Beat	3.9
Mar. 31 2023	0.91	0.91	0.96	Beat	5.4

This summary was machine generated April 8 at 12:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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