Univest (UVSP) Q4 Earnings and Revenues Beat Estimates

Group 1 - Univest reported quarterly earnings of $0.65 per share, exceeding the Zacks Consensus Estimate of $0.61 per share, and up from $0.55 per share a year ago, representing an earnings surprise of 6.56% [1] - The company achieved revenues of $76.8 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.26%, compared to $71.38 million in the same quarter last year [2] - Over the last four quarters, Univest has consistently surpassed consensus EPS estimates four times and topped revenue estimates two times [2] Group 2 - The stock's immediate price movement will depend on management's commentary during the earnings call and the sustainability of earnings expectations [3][4] - Univest shares have increased by approximately 2.2% since the beginning of the year, while the S&P 500 has gained 2.9% [3] - The current consensus EPS estimate for the upcoming quarter is $0.61 on revenues of $75.75 million, and for the current fiscal year, it is $2.32 on revenues of $308.02 million [7] Group 3 - The Zacks Industry Rank indicates that the Banks - Northeast sector is in the top 24% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this category [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5][6] - The estimate revisions trend for Univest is currently favorable, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6]