Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For Univest Financial Corporation ($UVSP)

The third quarter financial results of Univest Financial Corporation (NASDAQ: UVSP) will be revealed on Wednesday 23rd October 2024. The big news will come out after market close, so investors can learn more about how the company is doing financially.

Based on the predictions of financial experts on Wall Street, the company is expected to reveal an anticipated $0.54 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $73.2 million for the quarter.

The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $294.35 million. Further, they expect the earnings per share to achieve profit of $2.34 for the fiscal year.

In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $0.58. This significant amount was attributed to the company's remarkable total revenue of $72.28 million generated during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.61 0% 72.01 M -2.9%
Q1 2024 $0.60 -15.5% 77.06 M -2.4%
Q4 2023 $0.55 -32.1% 71.38 M -13.3%
Q3 2023 $0.58 -15.9% 72.28 M -5.2%
Q2 2023 $0.61 +35.6% 74.16 M +5.2%
*Growth on year-over-year basis

 

UVSP has scheduled a conference call on 24th October 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.

Monday's trading saw Univest Financial Corporation (UVSP) shares hit a low of $26.96 and a high of $28.09, with a day volume of 80.20 thousand shares. The stock closed the regular trading session at $27.08, demonstrating 3.7 percent fall.

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