United Community Banks Inc expected to post earnings of 51 cents a share - Earnings Preview

United Community Banks

22/07/2024 15:18

* United Community Banks Inc  UCBI.OQ   UCBI.O  is expected
to show a rise in quarterly revenue when it reports  results on
July 24 for the period ending June 30 2024
    * The Greenville South Carolina-based  company is expected
to
report a 11.7% increase in revenue to $238.951 million from
$213.92 million a year ago, according to the mean estimate from
7 analysts, based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for United Community Banks
Inc is
for earnings of 51 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"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
Community
Banks Inc is $29.00​, below​ its last closing price of $29.20.
​​​

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  0.48        0.49       0.52      Beat    5.2
 Dec. 31 2024  0.52        0.52       0.53      Beat    1.3
 Sep. 30 2023  0.44        0.45       0.45      Met     -0.1​
 Jun. 30 2023  0.61        0.61       0.55      Missed  -10.1
 ​​Mar.        0.70        0.69       0.58      Missed  -15.6
 31 2023                                                
 Dec. 31 2022  0.83        0.83       0.75      Missed  -9.4​
 Sep. 30 2022  0.75        0.75       0.75      Met     0.4
 Jun. 30 2022  0.68        0.68       0.66      Missed  -3.3
 This summary was machine generated July 22 at 14:18 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)