A Sneak Peek At Atlantic Union Bankshares ($AUB) Q3 2024 Earnings

Atlantic Union Bankshares (NASDAQ: AUB) has announced that it will be unveiling its third quarter financial results on Tuesday 22nd October 2024. The disclosure is planned to occur before market open.

According to the forecasts of financial experts on Wall Street, the company is expected to reveal an anticipated $0.81 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $225.94 million.

The company's earnings report for the same quarter in the previous year revealed a per-share income of $0.8, attributed to the company's total revenue of $179.04 million.

Wall Street analysts have provided their insights on the company's performance for the year, forecasting a total revenue of $848.64 million. Additionally, they anticipate the earnings per share to reach profit of $2.95 during the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.63 -14.9% 208.35 M +18.2%
Q1 2024 $0.65 +3.2% 173.38 M +6.3%
Q4 2023 $0.78 -13.3% 183.50 M -2.6%
Q3 2023 $0.80 +8.1% 179.04 M +1.6%
Q2 2023 $0.74 -6.3% 176.28 M -0.4%
*Growth on year-over-year basis

 

AUB will host a conference call with investment community on 22nd October 2024 at 09:00 AM eastern time to discuss the financial results.

The previous trading day saw Atlantic Union Bankshares (AUB) shares trading between $38.70 and $39.57, besides a volume of 260.10 thousand shares. The stock closed Friday's regular trading session at $38.81, showing 1.87 percent decrease.

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