United Community Banks Inc expected to post earnings of 62  cents a share - Earnings Preview

United Community Banks

14/07/2023 21:20

* United Community Banks Inc  UCBI.OQ   UCBI.O  is expected
to show a rise in quarterly revenue when it reports  results on
July 18. 
    * The Greenville South Carolina-based  company is expected
to
report  a 16.8% increase in revenue to $242.126 million from
$207.3 million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for United Community
Banks
Inc is for earnings of 62 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
Community
Banks Inc is $30​, above​ its last closing price of $27.09. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.70        0.69       0.58      Missed  -15.6
 Dec. 31 2023  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
 ​​Mar.        0.55        0.54       0.50      Missed  -7.6
 31 2022                                                
 Dec. 31 2021  0.63        0.64       0.64      Met     0.4​
 Sep. 30 2021  0.66        0.66       0.83      Beat    25.6
 Jun. 30 2021  0.68        0.67       0.79      Beat    17.3
 This summary was machine generated July 14 at 20:20 GMT.  All
figures in US dollars  unless otherwise stated