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Unity Bancorp (UNTY) Misses Q2 Earnings and Revenue Estimates

UNTY
Corporate EarningsCompany FundamentalsAnalyst Estimates
Unity Bancorp (UNTY) Misses Q2 Earnings and Revenue Estimates

Unity Bancorp reported quarterly EPS of $1.42, missing the Zacks Consensus Estimate of $1.44 (a $0.02 shortfall). EPS is up from $1.20 a year ago, but the slight miss suggests mildly cautious near-term performance versus expectations.

Analysis

Unity Bancorp reported quarterly EPS of $1.42, missing the Zacks Consensus Estimate of $1.44 (a $0.02 shortfall). EPS is up from $1.20 a year ago, but the slight miss suggests mildly cautious near-term performance versus expectations.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

Ticker Sentiment

UNTY-0.20