Recap: United Bankshares Q3 Earnings

United Bankshares UBSI reported its Q3 earnings results on Thursday, October 27, 2022 at 07:00 AM.

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

Earnings

United Bankshares beat estimated earnings by 15.15%, reporting an EPS of $0.76 versus an estimate of $0.66.

Revenue was up $23.17 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 1.28% increase in the share price the next day.

Here's a look at United Bankshares's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.64 0.6 0.56 0.66
EPS Actual 0.71 0.6 0.56 0.71
Revenue Estimate 245.74M 244.41M 244.93M 244.14M
Revenue Actual 258.51M 237.53M 237.73M 250.20M

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

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

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