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

United Community Banks

20/07/2021 22:20

* United Community Banks Inc  UCBI.OQ  reported quarterly
adjusted earnings of 79 cents​​ per share for the quarter ended
in June. The mean expectation of eight analysts for the quarter
was for earnings of 67 cents per share.
* Revenue rose 10.3% to $165.79 million from a year ago; 
analysts expected $169.90 million. 
* United Community Banks Inc's reported EPS for the quarter was
78 cents​.
* The mean earnings estimate of analysts had risen by about 16%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* United Community Banks Inc shares had fallen by 10.5% this
quarter and gained 0.8% so far this year.
* The company reported quarterly net income of $68.11 million.
* Wall Street's median 12-month price target for United
Community Banks Inc is $38.25 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 20 at 09:19 p.m.  ​All
figures in US dollars unless otherwise stated