UMB Financial Corp expected to post earnings of $1.76 a share - Earnings Preview

UMB Financial

26/01/2024 21:38

* UMB Financial Corp  UMBF.OQ   UMBF.O  is expected to show
a fall
in quarterly revenue when it reports  results on January 30 for
the period ending December 31 2023
    * The Kansas City Missouri-based  company is expected to
report a
2.7% decrease in revenue to $360.686 million from $370.66
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for UMB Financial Corp is
for
earnings of $1.76 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for UMB
Financial
Corp is $80.00​, below​ its last closing price of $81.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.77        1.77       1.98      Beat    11.6
 Jun. 30 2023  1.90        1.93       1.85      Missed  -3.9
 Mar. 31 2023  1.78        1.86       1.90      Beat    1.9​
 Dec. 31 2022  1.99        1.99       2.06      Beat    3.3
 ​​Sep.        2.16        2.15       1.81      Missed  -15.9
 30 2022                                                
 Jun. 30 2022  1.91        1.90       2.83      Beat    49.3​
 Mar. 31 2022  1.69        1.67       2.17      Beat    30.2
 Dec. 31 2021  1.84        1.85       1.61      Missed  -13.2
 This summary was machine generated January 26 at 21:38 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)