Amalgamated Financial (AMAL) ZACKS·2025-01-23 13:36Core Viewpoint - Amalgamated Financial reported quarterly earnings of $0.90 per share, exceeding the Zacks Consensus Estimate of $0.87 per share, and showing an increase from $0.72 per share a year ago, indicating a positive earnings surprise of 3.45% [1][2] Financial Performance - The company achieved revenues of $77.88 million for the quarter ended December 2024, which was below the Zacks Consensus Estimate by 2.28%, but an increase from $76.73 million year-over-year [2] - Over the last four quarters, Amalgamated Financial has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - Amalgamated Financial shares have increased approximately 9.4% since the beginning of the year, outperforming the S&P 500's gain of 3.5% [3] - The current consensus EPS estimate for the upcoming quarter is $0.83 on revenues of $78.1 million, and for the current fiscal year, it is $3.48 on revenues of $319.4 million [7] Industry Outlook - The Financial - SBIC & Commercial Industry, to which Amalgamated Financial belongs, is currently ranked in the top 26% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5][6]