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

United Community Banks

19/07/2022 22:40

* United Community Banks Inc  UCBI.OQ  reported quarterly
adjusted
earnings of 66 cents​​ per share for the quarter ended in June.
The mean expectation of seven analysts for the quarter was
for earnings of 68 cents per share.
    * Revenue rose 18.3% to $207.30 million from a year ago; 
analysts
expected $213.44 million. 
    * United Community Banks Inc's reported EPS for the quarter
was 61
cents​.
    * The mean earnings estimate of analysts had risen by
about 1% in
the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * United Community Banks Inc shares had risen by 3.2% this
quarter and lost 13.3% so far this year.
    * The company reported quarterly net income of $64.76
million.
    * Wall Street's median 12-month price target for United
Community
Banks Inc is $36.50 
    * 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 July 19 at 09:40 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.68           0.66           Missed
 Mar. 31 2022      0.54           0.50           Missed
 Dec. 31 2021      0.64           0.64           Met
 Sep. 30 2021      0.66           0.83           Beat
 This summary was machine generated from Refinitiv data July 19
at 09:40 p.m