Recap: Valley National Q3 Earnings

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Valley National VLY reported its Q3 earnings results on Thursday, October 27, 2022 at 07:00 AM.

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

Earnings

Valley National beat estimated earnings by 2.94%, reporting an EPS of $0.35 versus an estimate of $0.34.

Revenue was up $166.73 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 0.78% increase in the share price the next day.

Here's a look at Valley National's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.29 0.28 0.29 0.29
EPS Actual 0.32 0.28 0.28 0.30
Revenue Estimate 442.83M 352.08M 343.15M 339.24M
Revenue Actual 476.69M 356.94M 353.52M 343.46M

To track all earnings releases for Valley National visit their earnings calendar here.

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

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