Univest Financial Corp reports results for the quarter ended in March - Earnings Summary

Univest Financial

26/04/2023 23:28

* Univest Financial Corp  UVSP.OQ  reported quarterly
adjusted
earnings of 71 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 76 cents per share.
    * Revenue rose 17.7% to $79.00 million from a year ago;
analysts
expected $82.05 million. 
    * Univest Financial Corp's reported EPS for the quarter was
71
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Univest Financial Corp shares had fallen by 11.9% this
quarter and lost 20.0% so far this year.
    * The company reported quarterly net income of $21.03
million.
    * Wall Street's median 12-month price target for Univest
Financial
Corp is $29.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 10:28 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.76           0.71           Missed
 Dec. 31 2022      0.74           0.82           Beat
 Sep. 30 2022      0.67           0.71           Beat
 Jun. 30 2022      0.61           0.45           Missed