Valley National (NASDAQ:VLY) reported its Q4 earnings results on Thursday, January 27, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Valley National missed estimated earnings by 3.45%, reporting an EPS of $0.28 versus an estimate of $0.29, which did not surprise analysts.
Revenue was up $18.07 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01, which was followed by a 2.21% drop in the share price the next day.
Here's a look at Valley National's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.29 | 0.3 | 0.29 | 0.26 |
| EPS Actual | 0.30 | 0.3 | 0.28 | 0.27 |
| Revenue Estimate | 339.24M | 337.59M | 334.27M | 329.97M |
| Revenue Actual | 343.46M | 344.03M | 323.90M | 335.45M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
