First United (US:FUNC) ZACKS·2025-07-21 14:41Group 1: Earnings Performance - First United Corporation (FUNC) reported quarterly earnings of $0.92 per share, exceeding the Zacks Consensus Estimate of $0.84 per share, and up from $0.75 per share a year ago, representing an earnings surprise of +9.52% [1] - The company has surpassed consensus EPS estimates in all four of the last quarters [2] - First United's revenues for the quarter ended June 2025 were $21.85 million, surpassing the Zacks Consensus Estimate by 2.76%, and up from $20.08 million year-over-year [2] Group 2: Stock Performance and Outlook - First United shares have increased by approximately 3.3% since the beginning of the year, compared to the S&P 500's gain of 7.1% [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] - The current consensus EPS estimate for the upcoming quarter is $0.86 on revenues of $21.73 million, and for the current fiscal year, it is $3.50 on revenues of $86.08 million [7] Group 3: Industry Context - The Zacks Industry Rank indicates that the Banks - Northeast industry is currently in the top 30% of over 250 Zacks industries, suggesting a favorable environment for stock performance [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] - The estimate revisions trend for First United was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]