Univest Financial Corp expected to post earnings of 51 cents a share - Earnings Preview

Univest Financial

23/04/2024 24:07

* Univest Financial Corp  UVSP.OQ   UVSP.O  is expected
to show a
fall in quarterly revenue when it reports  results on April 24
for the period ending March 31 2024
    * The Souderton Pennsylvania-based  company is expected to
report
a 8.6% decrease in revenue to $72.2 million from $79 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Univest Financial Corp
is for
earnings of 51 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"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 Univest
Financial
Corp is $22.00​, above​ its last closing price of $19.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.47        0.47       0.56      Beat    19.1
 Sep. 30 2023  0.54        0.55       0.58      Beat    6.4
 Jun. 30 2023  0.56        0.57       0.62      Beat    9.4​
 Mar. 31 2023  0.76        0.76       0.71      Missed  -6
 ​​Dec.        0.75        0.74       0.82      Beat    10.3
 31 2022                                                
 Sep. 30 2022  0.67        0.67       0.71      Beat    6.6​
 Jun. 30 2022  0.60        0.61       0.45      Missed  -25.9
 Mar. 31 2022  0.62        0.60       0.68      Beat    13.1
 This summary was machine generated April 22 at 23:07 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)