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

United Bankshares

23/07/2024 16:16

* United Bankshares Inc  UBSI.OQ   UBSI.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 25
(estimated) for the period ending March 31 2024
    * The Charleston West Virginia-based  company is expected to
report a 3.1% decrease in revenue to $255.552 million from
$263.78 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 United Bankshares Inc is
for
earnings of 64 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 $36.00​, below​ its last closing price of $37.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.65        0.65       0.64      Missed  -1.3
 Dec. 31 2024  0.66        0.66       0.59      Missed  -9.9
 Sep. 30 2023  0.66        0.65       0.71      Beat    9.2​
 Jun. 30 2023  0.65        0.66       0.68      Beat    2.5
 ​​Mar.        0.73        0.74       0.73      Missed  -1.1
 31 2023                                                
 Jan. 1 0001   0.78        0.78       0.74      Missed  -5.6​
 Sep. 30 2022  0.66        0.66       0.76      Beat    14.6
 Jun. 30 2022  0.63        0.63       0.71      Beat    13.3
 This summary was machine generated July 23 at 15:16 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)