Amalgamated Financial (NASDAQ:AMAL) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:25 AM.
Here's what investors need to know about the announcement.
Earnings
Amalgamated Financial beat estimated earnings by 17.95%, reporting an EPS of $0.46 versus an estimate of $0.39.
Revenue was up $9.95 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 4.12% drop in the share price the next day.
Here's a look at Amalgamated Financial's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.41 | 0.37 | 0.36 | 0.34 |
| EPS Actual | 0.53 | 0.46 | 0.32 | 0.41 |
| Revenue Estimate | 51.04M | 48.72M | 48.74M | 48.76M |
| Revenue Actual | 59.44M | 50.09M | 47.32M | 45.84M |
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.
