Earnings Preview: Atlantic Union Bankshares
Portfolio Pulse from Benzinga Insights
Atlantic Union Bankshares (NYSE:AUB) is scheduled to release its quarterly earnings report on January 23, 2024. Analysts predict an EPS of $0.75. Investors will be looking for an earnings beat and positive guidance for the next quarter. Historically, AUB's stock price has shown mixed reactions to past earnings performances. Currently, shares are trading at $35.02, with a 7.77% decline over the last 52 weeks.
January 22, 2024 | 2:00 pm
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NEUTRAL IMPACT
Atlantic Union Bankshares is expected to report an EPS of $0.75 for the upcoming quarter. Investors will focus on earnings results and forward guidance, which could influence the stock's performance.
The short-term impact on AUB's stock price will depend on whether the company meets or exceeds the earnings estimate and provides positive guidance. Historically, the stock has shown sensitivity to earnings releases, but the direction of the impact has been inconsistent. The recent downward trend in the stock price suggests that investors may be bearish, but a strong earnings report could counteract this sentiment.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100