United Bankshares Inc expected to post earnings of 60  cents a share - Earnings Preview

United Bankshares

19/04/2022 14:51

* United Bankshares Inc  UBSI.OQ   UBSI.O  is expected
to show a
fall in quarterly revenue when it reports  results on April 21
(estimated). 
    * The Lincolnton North Carolina-based  company is expected
to
report  a 14.1% decrease in revenue to $244.41 million from
$284.58 million a year ago, according to the mean estimate from
6 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for United Bankshares
Inc is
for earnings of 60 cents per share. For the same quarter last
year, the company reported earnings of 83 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"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 United
Bankshares
Inc is $39​, above​ its last closing price of $34.17. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.55        0.56       0.56      Met     -0.7
 Sep. 30 2021  0.67        0.66       0.71      Beat    7.6
 Jun. 30 2021  0.70        0.71       0.73      Beat    3.4​
 Mar. 31 2021  0.73        0.73       0.83      Beat    14.5
 ​​Dec.        0.59        0.59       0.71      Beat    20.3
 31 2020                                                
 Sep. 30 2020  0.51        0.51       0.80      Beat    57.5​
 Jun. 30 2020  0.54        0.43       0.44      Beat    3.3
 Mar. 31 2020  0.50        0.49       0.40      Missed  -17.9
 This summary was machine generated April 19 at 13:51 GMT.  All
figures in US dollars  unless otherwise stated