Recap: Silvergate Capital Q2 Earnings

Silvergate Capital SI reported its Q2 earnings results on Tuesday, July 19, 2022 at 06:25 AM.

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

Silvergate Capital beat estimated earnings by 34.52%, reporting an EPS of $1.13 versus an estimate of $0.84.

Revenue was up $37.31 million from the same period last year.

Last quarter the company beat on EPS by $0.35 which was followed by a 3.34% increase in the share price the next day.

Here's a look at Silvergate Capital's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.44	0.72	0.71	0.51
EPS Actual	0.79	0.66	0.88	0.80
Revenue Estimate	55.27M	53.47M	48.25M	35.79M
Revenue Actual	59.95M	49.26M	51.70M	42.45M

To track all earnings releases for Silvergate Capital visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.