United Community Banks (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
