United Bankshares Q3 2024 Sales $262.20M Beat $259.63M Estimate
Portfolio Pulse from Benzinga Newsdesk
United Bankshares (NASDAQ:UBSI) reported Q3 2024 earnings of $0.70 per share, surpassing the analyst estimate of $0.67. The company's sales were $262.20 million, slightly above the $259.63 million estimate and a marginal increase from last year's $262.11 million.
October 24, 2024 | 11:56 am
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United Bankshares reported better-than-expected Q3 2024 earnings and sales, with EPS of $0.70 beating the $0.67 estimate and sales of $262.20M exceeding the $259.63M estimate.
The positive earnings surprise and slight sales beat suggest strong performance, likely boosting investor confidence and potentially leading to a short-term stock price increase.
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