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UBSIBullishEarningsnews
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United Bankshares (UBSI) Surpasses Q2 Earnings and Revenue Estimates

Jul 25, 2024, 10:06 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

United Bankshares reported $0.71 EPS, beating estimates by 9.23%. Quarterly revenues reached $256.81 million, exceeding expectations slightly. The stock has underperformed this year, losing 1.4%. Zacks Rank #2 indicates potential near-term stock outperformance. Consensus EPS estimate for next quarter is $0.66.

  • United Bankshares reported $0.71 EPS, beating estimates by 9.23%.
  • Quarterly revenues reached $256.81 million, exceeding expectations slightly.
  • The stock has underperformed this year, losing 1.4%.
  • Zacks Rank #2 indicates potential near-term stock outperformance.
  • Consensus EPS estimate for next quarter is $0.66.

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