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UBSI — United Bankshares News Story

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United Bankshares Inc reports results for the quarter ended in June - Earnings Summary

* United Bankshares Inc  UBSI.OQ  reported quarterly adjusted
earnings of 73 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 71 cents per share.
* Revenue fell 3.3% to $250.44 million from a year ago; 
analysts expected $261.50 million. 
* United Bankshares Inc's reported EPS for the quarter was 73
cents​.
* The mean earnings estimate of analysts had risen by about 8.6%
in the last three months.​ 
* In the last 30 days two analysts negatively revised earnings
estimates 
* United Bankshares Inc shares had fallen by 7.5% this
quarter and gained 4.3% so far this year.
* The company reported quarterly net income of $94.84 million.
* Wall Street's median 12-month price target for United
Bankshares Inc is $42.00 
* 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." 
This summary was machine generated July 23 at 12:24 p.m.  ​All
figures in US dollars unless otherwise stated

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