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Recap: Valley National Q2 Earnings

  Valley National (NASDAQ:VLY) reported its Q2 earnings results on Thursday, July 28, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 08:14

 

Valley National (NASDAQ:VLY) reported its Q2 earnings results on Thursday, July 28, 2022 at 08:00 AM.

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

Earnings

Valley National beat estimated earnings by 10.34%, reporting an EPS of $0.32 versus an estimate of $0.29.

Revenue was up $132.66 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 3.07% drop in the share price the next day.

Here's a look at Valley National's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.28 0.29 0.29 0.3
EPS Actual 0.28 0.28 0.30 0.3
Revenue Estimate 352.08M 343.15M 339.24M 337.59M
Revenue Actual 356.94M 353.52M 343.46M 344.03M

To track all earnings releases for Valley National VISIT THEIR EARNINGS CALENDAR HERE.

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