United Bankshares Inc expected to post earnings of 67 cents a share - Earnings Preview

United Bankshares

21/10/2024 16:53

* United Bankshares Inc  UBSI.OQ   UBSI.O  is expected
to show a
fall in quarterly revenue when it reports  results on October 23
(estimated) for the period ending September 30 2024
    * The Charleston West Virginia-based  company is expected to
report a 0.9% decrease in revenue to $259.625 million from
$262.11 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 67 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 41.00​, above​ its last closing price of $37.71. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.64        0.64       0.71      Beat    10.2
 Mar. 31 2024  0.65        0.65       0.64      Missed  -1.3
 Dec. 31 2023  0.66        0.66       0.59      Missed  -9.9​
 Sep. 30 2023              0.65       0.71      Beat    9.2
 ​​Jan.                    0.66       0.68      Beat    2.5
 1 0001                                                 
 Mar. 31 2023  0.73        0.74       0.73      Missed  ​
 Jan. 1 0001   0.78        0.78                         -5.6
 Jan. 1 0001   0.66        0.66                         14.6
 This summary was machine generated October 21 at 15:53 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)