United Bankshares Inc expected to post earnings of 64  cents a share - Earnings Preview

United Bankshares

19/07/2022 14:35

* United Bankshares Inc  UBSI.OQ   UBSI.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 21
(estimated). 
    * The Lincolnton North Carolina-based  company is expected
to
report  a 0.4% increase in revenue to $251.412 million from
$250.44 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for United Bankshares
Inc is
for earnings of 64 cents per share. For the same quarter last
year, the company reported earnings of 73 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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 $38.5​, above​ its last closing price of $35.34. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.61        0.60       0.60      Met     -0.3
 Dec. 31 2022  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.        0.73        0.73       0.83      Beat    14.5
 31 2021                                                
 Dec. 31 2020  0.59        0.59       0.71      Beat    20.3​
 Sep. 30 2020  0.51        0.51       0.80      Beat    57.5
 Jun. 30 2020  0.54        0.43       0.44      Beat    3.3
 This summary was machine generated July 19 at 13:35 GMT.  All
figures in US dollars  unless otherwise stated