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

United Bankshares

22/01/2024 13:58

* United Bankshares Inc  UBSI.OQ   UBSI.O  is expected
to show a
fall in quarterly revenue when it reports  results on January 24
(estimated) for the period ending December 31 2023
    * The Charleston West Virginia-based  company is expected to
report a 7.6% decrease in revenue to $259.087 million from
$280.28 million a year ago, according to the mean estimate from
5 analysts, based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for United Bankshares Inc is
for
earnings of 66 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 $36.00​, below​ its last closing price of $36.57. ​​​

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  0.66        0.65       0.71      Beat    9.2
 Jun. 30 2023  0.65        0.66       0.68      Beat    2.5
 Mar. 31 2023  0.73        0.74       0.73      Missed  -1.1​
 Dec. 31 2022  0.78        0.78       0.74      Missed  -5.6
 ​​Sep.        0.66        0.66       0.76      Beat    14.6
 30 2022                                                
 Jun. 30 2022  0.63        0.63       0.71      Beat    13.3​
 Mar. 31 2022  0.61        0.60       0.60      Met     -0.3
 Dec. 31 2021  0.55        0.56       0.56      Met     -0.7
 This summary was machine generated January 22 at 13:58 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)