Earnings Estimates Rising for United Bankshares (UBSI): Will It Gain?

Core Viewpoint - United Bankshares (UBSI) is experiencing solid improvement in earnings estimates, which is likely to positively impact its stock price [1][2]. Earnings Estimates - Analysts are increasingly optimistic about the earnings prospects for United Bankshares, leading to higher earnings estimates that should reflect in the stock price [2]. - The current quarter's earnings estimate is $0.82 per share, representing a 17.1% increase from the previous year [6]. - For the full year, the expected earnings are $3.14 per share, indicating a 14.2% increase from the prior year [7]. Estimate Revisions - Over the past 30 days, the Zacks Consensus Estimate for the current quarter has risen by 5.58%, with three estimates moving higher and no negative revisions [6]. - The consensus estimate for the full year has increased by 5.86%, with four estimates revised upward and no negative revisions [8]. Zacks Rank - United Bankshares currently holds a Zacks Rank 2 (Buy), reflecting strong agreement among analysts in revising earnings estimates upward [9]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [9]. Stock Performance - United Bankshares shares have increased by 7% over the past four weeks, indicating investor confidence in the company's earnings growth prospects [10].