Core Viewpoint - First United Corporation (FUNC) shows solid improvement in earnings estimates, indicating potential investment opportunities as the stock has gained short-term price momentum [1][2] Estimate Revisions - Analysts exhibit growing optimism regarding First United's earnings prospects, reflected in upward revisions of earnings estimates, which correlate strongly with stock price movements [2][3] - Current-quarter earnings are estimated at $0.86 per share, representing a year-over-year increase of +38.71%, with a 14.67% rise in the Zacks Consensus Estimate over the last 30 days [4] - For the full year, the earnings estimate is $3.75 per share, reflecting a +16.82% change from the previous year, with a 13.64% increase in the consensus estimate [5] Zacks Rank - First United currently holds a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance based on favorable estimate revisions [6] - Stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500, suggesting a positive outlook for First United [6] Investment Outlook - The stock has increased by 28.1% over the past four weeks due to strong estimate revisions, indicating further upside potential [7]
Surging Earnings Estimates Signal Upside for First United (FUNC) Stock