I'm not sure if it was a good beat...since I don't know what estimates it outperformed? However, it is a good absolute number relevant to the current environment...that is, as I've pointed out recently, an environment where money supply is not accelerating, thus resulting in the rate of trading activity flattening...the growth dynamics of 0.27 are positive...
On my Schwab acct. I saw estimates ranging from .21 to .27. So I consider their number as being better than average.
I kinda like this little, out of the limelight financial. They are a bit of a boutique outfit with a number of funds that are popular with private money managers and financial planners. I wouldn't say their funds are outperformers, but they aren't awful.
The stock has traded above $20 in last 12 months and with improving numbers and the market likely to have a decent 2nd half I could see OPY tacking on 20% from here pretty easy.