United Bankshares (UBSI) Tops Q4 Earnings and Revenue Estimates

Core Viewpoint - United Bankshares (UBSI) reported quarterly earnings of $0.69 per share, exceeding the Zacks Consensus Estimate of $0.68 per share, and showing an increase from $0.66 per share a year ago, indicating a positive earnings surprise of 1.47% [1] Financial Performance - The company posted revenues of $262.72 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.63%, although this represents a decline from year-ago revenues of $264.23 million [2] - Over the last four quarters, United Bankshares has exceeded consensus EPS estimates three times and has also topped consensus revenue estimates three times [2] Stock Performance and Outlook - United Bankshares shares have increased by approximately 2.1% since the beginning of the year, while the S&P 500 has gained 4% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] Estimate Revisions and Industry Context - The trend for estimate revisions for United Bankshares has been unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $0.44 on revenues of $269.8 million, and for the current fiscal year, it is $2.69 on revenues of $1.14 billion [7] - The Banks - Southeast industry, to which United Bankshares belongs, is currently ranked in the top 20% of over 250 Zacks industries, suggesting a favorable industry outlook [8]