Unity Bancorp Q2 EPS $1.42 Misses $1.43 Estimate, Sales $33.748M Miss $34.616M Estimate

Unity Bancorp (NASDAQ:UNTY) reported quarterly earnings of $1.42 per share which missed the analyst consensus estimate of $1.43 by 0.7 percent. This is a 18.33 percent increase over earnings of $1.20 per share from the same period last year. The company reported quarterly sales of $33.748 million which missed the analyst consensus estimate of $34.616 million by 2.51 percent. This is a 1.82 percent decrease over sales of $34.372 million the same period last year.