Amalgamated Financial: Q3 Earnings Insights – Amalgamated Financial (NASDAQ:AMAL)

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Amalgamated Financial AMAL reported its Q3 earnings results on Thursday, October 27, 2022 at 06:25 AM.

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

Amalgamated Financial beat estimated earnings by 11.59%, reporting an EPS of $0.77 versus an estimate of $0.69.

Revenue was up $22.54 million from the same period last year.

Last quarter the company beat on EPS by $0.1 which was followed by a 1.9% increase in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.55	0.39	0.41	0.37
EPS Actual	0.65	0.46	0.53	0.46
Revenue Estimate	59.79M	52.10M	51.04M	48.72M
Revenue Actual	63.74M	55.79M	59.44M	50.09M

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.

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Image and article originally from www.benzinga.com. Read the original article here.