The highly anticipated financial results for the third quarter of Amalgamated Financial (NASDAQ: AMAL) are scheduled to be disclosed on Thursday 24th October 2024. This important update will be made available before market open, providing investors and market participants with key information regarding the company's financial status.
the concern is projected to announce an estimated per share $0.83 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $80.44 million for this period.
In the preceding quarter of the previous year, the company shared its financial results, revealing that it had income of $0.76 per share.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $314.08 million. Additionally, they are expecting the company to report profit of $3.33 per share for the fiscal year 2024.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.85 | +18.1% | 78.45 M | +10.6% |
| Q1 2024 | $0.83 | +12.2% | 78.27 M | +8.0% |
| Q4 2023 | $0.72 | -17.2% | 76.73 M | +7.2% |
| Q3 2023 | $0.76 | -1.3% | 70.51 M | -2.9% |
| Q2 2023 | $0.72 | +10.8% | 70.93 M | +11.3% |
| *Growth on year-over-year basis | ||||
AMAL will host a conference call with investment community on 24th October 2024 at 11:00 AM eastern time to discuss the financial results.
Amalgamated Financial (AMAL) closed Tuesday's regular trading session at $34.13, demonstrating a 0.47 percent gain. The stock fluctuated between $33.78 and $34.25 during the day, with a volume of 117.50 thousand shares.
