Valley Ntl Q2 Adj. EPS $0.30 Misses $0.31 Estimate, Sales $560.735M Beat $556.535M Estimate

Valley National Bancorp

Valley National Bancorp

VLY

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Valley Ntl (NASDAQ: VLY) reported quarterly earnings of $0.30 per share which missed the analyst consensus estimate of $0.31 by 3.23 percent. This is a 30.43 percent increase over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $560.735 million which beat the analyst consensus estimate of $556.535 million by 0.75 percent. This is a 13.28 percent increase over sales of $495.012 million the same period last year.