Univest (UVSP) Beats Q1 Earnings and Revenue Estimates

Core Viewpoint - Univest (UVSP) reported quarterly earnings of $0.77 per share, exceeding the Zacks Consensus Estimate of $0.64 per share, and showing an increase from $0.60 per share a year ago, representing an earnings surprise of 20.31% [1][2] Financial Performance - The company achieved revenues of $79.2 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.91% and increasing from $77.06 million year-over-year [2] - Over the last four quarters, Univest has consistently surpassed consensus EPS estimates four times and topped revenue estimates two times [2] Stock Performance and Outlook - Univest shares have declined approximately 4.7% since the beginning of the year, while the S&P 500 has decreased by 10.1% [3] - The company's earnings outlook is favorable, with a current consensus EPS estimate of $0.60 on $76.78 million in revenues for the upcoming quarter and $2.50 on $312.42 million in revenues for the current fiscal year [7] Industry Context - The Banks - Northeast industry, to which Univest belongs, is currently ranked in the top 23% of over 250 Zacks industries, indicating a strong potential for outperformance compared to lower-ranked industries [8]