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

Univest Financial

26/10/2023 01:09

* Univest Financial Corp  UVSP.OQ  reported quarterly
adjusted
earnings of 58 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of 55 cents per share.
    * Revenue fell 12.5% to $66.65 million from a year ago;
analysts
expected $73.55 million. 
    * Univest Financial Corp's reported EPS for the quarter was
58
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Univest Financial Corp shares had fallen by 3.2% this
quarter and lost 35.6% so far this year.
    * The company reported quarterly net income of $17.02
million.
    * Wall Street's median 12-month price target for Univest
Financial
Corp is $20.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 12:08 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.55           0.58           Beat
 Jun. 30 2023      0.57           0.62           Beat
 Mar. 31 2023      0.76           0.71           Missed
 Dec. 31 2022      0.74           0.82           Beat