United Community Banks, Inc. - Common Stock (UCBI)

UCBI stock results show that United Community Banks beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.

UCBI stock results show that United Community Banks beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

The embattled bank recently raised $1 billion in equity and announced changes to its management team.

Companies Reporting Before The Bell • Freeport-McMoRan (NYSE:FCX) is estimated to report quarterly earnings at $0.22 per share on revenue of $5.86 billion.

  On Wednesday, 479 stocks made new 52-week lows.

Fourth-quarter earnings fell short of analysts' expectations

Companies Reporting Before The Bell • Procter & Gamble (NYSE:PG) is expected to report quarterly earnings at $1.71 per share on revenue of $21.67 billion.

Stephens analyst Russell Gunther reiterated the Overweight rating on United Community Banks, Inc. (NASDAQ: UCBI), 

The banks have sold off after the collapse of Silicon Valley Bank last month and continue to drift lower.

  On Thursday, 498 companies reached new 52-week lows.

  On Wednesday, 345 companies set new 52-week lows.

Companies Reporting Before The Bell • Goldman Sachs Group (NYSE:GS) is projected to report quarterly earnings at $5.48 per share on revenue of $10.83 billion.