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Market Impact: 0.35

United Bankshares (UBSI) Surpasses Q2 Earnings and Revenue Estimates

Corporate EarningsCompany FundamentalsAnalyst Estimates
United Bankshares (UBSI) Surpasses Q2 Earnings and Revenue Estimates

United Bankshares (UBSI) reported quarterly EPS of $0.95, beating the Zacks Consensus Estimate of $0.89 by $0.06 (about 7%). EPS also increased from $0.85 a year ago. The modest beat suggests a modest positive near-term read-through for the stock.

Analysis

United Bankshares (UBSI) reported quarterly EPS of $0.95, beating the Zacks Consensus Estimate of $0.89 by $0.06 (about 7%). EPS also increased from $0.85 a year ago. The modest beat suggests a modest positive near-term read-through for the stock.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.30

Ticker Sentiment

UBSI0.60