United Community Banks Inc expected to post earnings of 52 cents a share - Earnings Preview

United Community Banks

22/01/2024 13:50

* United Community Banks Inc  UCBI.OQ   UCBI.O  is expected
to show a rise in quarterly revenue when it reports  results on
January 24 for the period ending December 31 2023
    * The Greenville South Carolina-based  company is expected
to
report a 1.2% increase in revenue to $226.071 million from
$223.41 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 52 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 $28.00​, below​ its last closing price of $28.88.
​​​

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  0.44        0.45       0.45      Met     -0.1
 Jun. 30 2023  0.61        0.61       0.55      Missed  -10.1
 Mar. 31 2023  0.70        0.69       0.58      Missed  -15.6​
 Dec. 31 2022  0.83        0.83       0.75      Missed  -9.4
 ​​Sep.        0.75        0.75       0.75      Met     0.4
 30 2022                                                
 Jun. 30 2022  0.68        0.68       0.66      Missed  -3.3​
 Mar. 31 2022  0.55        0.54       0.50      Missed  -7.6
 Dec. 31 2021  0.63        0.64       0.64      Met     0.4
 This summary was machine generated January 22 at 13:50 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)