United Community Banks Inc reports results for the quarter ended in December - Earnings Summary

United Community Banks

17/01/2023 22:40

* United Community Banks Inc  UCBI.OQ  reported quarterly
adjusted
earnings of 75 cents​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for earnings of 83 cents per share.
    * Revenue rose 27.1% to $223.41 million from a year ago;
analysts
expected $239.48 million. 
    * United Community Banks Inc's reported EPS for the quarter
was 74
cents​.
    * The mean earnings estimate of analysts had risen by
about 9.4%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * United Community Banks Inc shares had risen by 3.8% this
quarter.
    * The company reported quarterly net income of $79.27
million.
    * Wall Street's median 12-month price target for United
Community
Banks Inc is $40.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
17 at 10:40 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.83           0.75           Missed
 Sep. 30 2022      0.75           0.75           Met
 Jun. 30 2022      0.68           0.66           Missed
 Mar. 31 2022      0.54           0.50           Missed