Recap: United Community Banks Q1 Earnings

United Community Banks UCBI reported its Q1 earnings results on Tuesday, April 19, 2022 at 04:30 PM.

Here's what investors need to know about the announcement.

United Community Banks missed estimated earnings by 7.41%, reporting an EPS of $0.5 versus an estimate of $0.54.

Revenue was down $9.37 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 4.73% drop in the share price the next day.

Here's a look at United Community Banks's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.64	0.66	0.63	0.65
EPS Actual	0.64	0.83	0.79	0.83
Revenue Estimate	178.67M	172.37M	169.28M	178.68M
Revenue Actual	175.38M	192.17M	187.81M	189.05M

To track all earnings releases for United Community Banks visit their earnings calendar here..

This article was generated by Benzinga's automated content engine and reviewed by an editor.