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Benzinga
Benzinga
Business
Zacks

Unity Bancorp (UNTY) Misses Q2 Earnings Estimates

Zacks Nasdaq Zacks Investment Research

Unity Bancorp (NASDAQ:UNTY) came out with quarterly earnings of $0.88 per share, missing the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -1.12%. A quarter ago, it was expected that this bank holding company would post earnings of $0.81 per share when it actually produced earnings of $0.85, delivering a surprise of 4.94%.

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