A Preview Of UMB Financial's Earnings
Portfolio Pulse from Benzinga Insights
UMB Financial (NASDAQ:UMBF) is expected to release its quarterly earnings report on January 30, 2024. Analysts predict an EPS of $1.76. Investors are looking for an earnings beat and positive guidance for the next quarter. UMBF's past earnings performance shows a consistent history of beating EPS estimates, which has generally led to share price increases the following day. The stock is currently trading at $82.29, with a 52-week decrease of 8.75%. Shareholders are likely concerned as they await the earnings report.
January 29, 2024 | 5:01 pm
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UMB Financial is anticipated to report earnings with an expected EPS of $1.76. A history of beating estimates could suggest a positive reaction if the trend continues. However, the stock has seen a decline over the past year, indicating potential investor concern.
Given UMBF's track record of surpassing EPS estimates and the subsequent positive stock price reactions, there is a likelihood of a short-term price increase if they beat the EPS again. However, the overall negative performance over the past year could temper gains.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100