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Recap: Amalgamated Financial Q2 Earnings

  Amalgamated Financial (NASDAQ:AMAL) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:25 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 08:52

 

Amalgamated Financial (NASDAQ:AMAL) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:25 AM.

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

Earnings

Amalgamated Financial beat estimated earnings by 18.18%, reporting an EPS of $0.65 versus an estimate of $0.55.

Revenue was up $16.43 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 3.35% drop in the share price the next day.

Here's a look at Amalgamated Financial's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.39 0.41 0.37 0.36
EPS Actual 0.46 0.53 0.46 0.32
Revenue Estimate 52.10M 51.04M 48.72M 48.74M
Revenue Actual 55.79M 59.44M 50.09M 47.32M

To track all earnings releases for Amalgamated Financial VISIT THEIR EARNINGS CALENDAR HERE.

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