United Community Banks Earnings Preview
Portfolio Pulse from Benzinga Insights
United Community Banks (NASDAQ:UCBI) is set to release its quarterly earnings report on Tuesday, 2023-07-18. Analysts estimate an earnings per share (EPS) of $0.62. The company's past performance shows a pattern of EPS misses followed by slight increases in share price. The stock is currently trading at $26.81, down 15.47% over the last 52-week period.
July 17, 2023 | 3:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
United Community Banks is expected to report an EPS of $0.62. The stock has been on a downward trend, down 15.47% over the last 52 weeks.
The company's stock has been on a downward trend, and while it has shown a pattern of slight increases in share price following EPS misses, the overall negative returns suggest bearish sentiment among long-term shareholders. This could potentially lead to further declines in the short term, especially if the company fails to meet the EPS estimate or provide positive guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100