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

United Community Banks

19/04/2022 22:47

* United Community Banks Inc  UCBI.OQ  reported quarterly
adjusted
earnings of 50 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of 54 cents per share.
    * Revenue rose 14.7% to $203.94 million from a year ago; 
analysts
expected $202.89 million. 
    * United Community Banks Inc's reported EPS for the quarter
was 43
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.3%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * United Community Banks Inc shares had fallen by 10.1% this
quarter and lost 13.0% so far this year.
    * The company reported quarterly net income of $46.06
million.
    * Wall Street's median 12-month price target for United
Community
Banks Inc is $42.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 19 at 09:47 p.m.  ​All
figures in US dollars unless otherwise stated