United Bankshares Inc expected to post earnings of 66 cents a share - Earnings Preview

United Bankshares

19/10/2021 14:45

* United Bankshares Inc  UBSI.OQ   UBSI.O  is expected to show a
fall in quarterly revenue when it reports results on October 21
(estimated). 
* The Lincolnton, North Carolina-based company is expected to
report  a 24.0% decrease in revenue to $244.142 million from
$321.13 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 66 cents per share. For the same quarter last
year, the company reported earnings of 80 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "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 $40​, about 10% above​ its last closing price
of $36.01. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.59        0.59       0.71      Beat    20.3​
 Sep. 30 2020  0.51        0.51       0.80      Beat    57.5
 Jun.          0.54​       0.43       0.44      Beat    3.3​
 30​ 2020​                                              
 Mar. 31 2020  0.50        0.49       0.40      Missed  -17.9​
 Dec. 31 2019  0.61        0.61       0.62      Beat    1.3
 Sep. 30 2019  0.63        0.63       0.65      Beat    2.8
 This summary was machine generated October 19 at 13:45 GMT.  All
figures in US dollars unless otherwise stated