The next round of earnings for United Community Banks (NASDAQ:UCBI) will be released on Tuesday, July 20. Here’s a rundown of everything you need to know about Tuesday’s Q2 earnings report.
What Is The Difference Between Earnings, Net Income, And Earnings Per Share?
Earnings, particularly earnings per share (EPS), are important indicators of a company’s profitability. Total earnings, often known as net income, are calculated by subtracting total revenue from total expenses. Net income divided by the number of outstanding shares is EPS.
Revenue And Earnings
According to estimates, United Community Banks’ EPS will be approximately $0.63 per share, with revenue of roughly $169.28 million. United Community Banks earned $0.32 per share in the same quarter a year earlier. Sales for the quarter totaled $116.00 million.
What Are Earnings Surprises And Analyst Estimates, And Why Do They Matter?
Analyst forecasts for sales and earnings per share will be published by Wall Street analysts that are following this firm. The “consensus estimates” are the averages of all analyst EPS and revenue estimates; these consensus projections can have a substantial impact on a company’s performance during an earnings release. An “earnings surprise” occurs when a firm reports earnings or revenue that is higher or lower than the consensus expectation, and it can significantly move a stock depending on the gap between actual and expected figures.
When the business reports on Tuesday, EPS would be up 96.88 percent if the consensus estimate is met. On a year-over-year basis, sales would be up 45.93 percent. In the past, the company’s reported EPS has matched analyst estimates like this:
Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020 EPS Estimate 0.65 0.60 0.36 0.32 EPS Actual 0.83 0.68 0.55 0.32 EPS Estimate 0.65 0.60 0.36 0.32 EPS Actual 0.83 0.68 0.55 0.32 EPS Estimate 0.65 0.60 0.36 0.32 EPS Estimate 0.65 0.60 0.
Estimated Revenue 178.68 M 180.26 M 167.93 M 141.81 M
Actual Revenue 189.05 M 183.86 M 155.34 M 116.00 M
Performance of the Stock Market
The stock has gained 54.21 percent in the last 52 weeks. Long-term stockholders can be happy coming into this earnings announcement because these returns are normally positive.
Don’t be shocked if the stock moves as a result of comments made during the company’s conference call. United Community Banks will have a conference call at 11:00 a.m. ET, which may be accessed here./n
