United Community Banks (UCBI) Scheduled to Post Earnings on Tuesday
United Community Banks (NASDAQ:UCBI) will release its earnings data after the market closes on Tuesday, January 23rd. Analysts expect United Community Banks to post earnings of $0.41 per share for the quarter.
United Community Banks (NASDAQ:UCBI) last released its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.41 EPS for the quarter, meeting analysts’ consensus estimates of $0.41. The company had revenue of $109.35 million during the quarter, compared to analysts’ expectations of $114.65 million. United Community Banks had a return on equity of 10.31% and a net margin of 23.09%. The firm’s revenue was up 3.5% compared to the same quarter last year. During the same period last year, the business posted $0.36 earnings per share. On average, analysts expect United Community Banks to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
United Community Banks (NASDAQ:UCBI) opened at $30.86 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $2,265.28, a PE ratio of 20.85 and a beta of 0.89. United Community Banks has a 1-year low of $24.47 and a 1-year high of $31.37.
UCBI has been the topic of a number of research reports. SunTrust Banks reissued a “buy” rating and issued a $33.00 price objective on shares of United Community Banks in a report on Thursday, October 12th. Zacks Investment Research raised United Community Banks from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Wednesday, September 27th. BidaskClub lowered United Community Banks from a “buy” rating to a “hold” rating in a report on Saturday, December 9th. Finally, ValuEngine lowered United Community Banks from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $31.00.
WARNING: This news story was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this news story on another publication, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this news story can be read at https://www.americanbankingnews.com/2018/01/16/united-community-banks-ucbi-scheduled-to-post-earnings-on-tuesday.html.
About United Community Banks
United Community Banks, Inc (United) is a bank holding company. United conducts its operations through a community-focused operating model of separate community banks, which, as of December 31, 2016, operated at 139 locations throughout the Atlanta-Sandy Springs-Roswell, Georgia, and Gainesville, Georgia metropolitan statistical areas, upstate and coastal South Carolina, north and coastal Georgia, western North Carolina, and east Tennessee.
Receive News & Ratings for United Community Banks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Community Banks and related companies with MarketBeat.com's FREE daily email newsletter.