UBS Gr Q3 2024 GAAP EPS $0.43 Beats $0.22 Estimate, Sales $12.334B Beat $11.132B Estimate
Portfolio Pulse from Benzinga Newsdesk
UBS Group reported Q3 2024 earnings of $0.43 per share, significantly beating the analyst estimate of $0.22. Sales also surpassed expectations, reaching $12.334 billion against the $11.132 billion estimate.
October 30, 2024 | 6:12 am
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POSITIVE IMPACT
UBS Group's Q3 2024 earnings per share of $0.43 beat expectations by 95.45%, and sales of $12.334 billion exceeded estimates by 10.80%. This marks a significant recovery from last year's losses.
UBS's earnings and sales both significantly exceeded analyst expectations, indicating strong financial performance and potential positive impact on stock price. The large increase in EPS from last year's losses further supports a positive outlook.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100