Why United Bankshares (UBSI) Might be Well Poised for a Surge

Core Viewpoint - United Bankshares (UBSI) shows a promising earnings outlook, with analysts raising their earnings estimates, indicating potential for continued stock momentum [1][2]. Estimate Revisions - The upward trend in earnings estimate revisions reflects growing analyst optimism about United Bankshares' earnings prospects, which is likely to influence its stock price positively [2]. - For the current quarter, the earnings estimate is $0.77 per share, an increase of +8.45% from the previous year [6]. - For the full year, the earnings estimate is $2.97 per share, representing a year-over-year increase of +8% [7]. - Over the past month, three estimates have been revised upward for the current year, contributing to a 5.1% increase in the consensus estimate [7]. Zacks Rank - United Bankshares currently holds a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance based on favorable estimate revisions [8]. - Stocks with a Zacks Rank 1 and 2 have historically outperformed the S&P 500 [8]. Stock Performance - The stock has gained 12.8% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [9].