UBS Group AG (NYSE:UBS) earnings reaction history
UBS Group AG (NYSE:UBS) is projected to declare fiscal first quarter financial results right before the stock market’s official open on April 28, 2017. The stock lost about -5.3 percent in price since last results when it was at $16.91 a share. Based on the most relevant past-periods data, there is an 60 percent probability for this firm’s share price to go down following next quarterly results. Earnings reaction history tells us that the equity price moved down 6 times out of last 10 reported quarters. It has beaten earnings-per-share estimates 0% of the time in its last 12 earnings reports. It fell short of earnings estimates on 0 occasions, and it has met expectations 0 time.
Here’s how traders responded to UBS earnings announcements over the past few quarters.
UBS Group AG (UBS) Earnings Surprises & Reaction
Given its history, the average earnings announcement surprise was 0 percent over the past four quarters. Back on January 27, 2017, it posted earnings per-share earnings at $0.19 which beat the consensus $ projection (no surprise). For the quarter, revenue came in at 7.06B versus consensus estimate of 6.78B. The stock dropped -3.61 percent the session following the earnings reports were released, and on 7th day price change was -6.27 percent.
On October 28, 2016, it reported earnings at $0.23 a share compared with the consensus estimate of $ per share (negative surprise of %). Revenue of 7.08B for that quarter was above the $6.88B analysts had expected. The stock climbed 1.62% the day following the earnings announcement, and on 7th day price change was -2.43%.
On July 29, 2016, it recorded $0.28 a share in earnings which topped the consensus estimate of $ (negative surprise of %). Revenue for the quarter was $7.16B while analysts called for revenues to be $7.41B. The stock dropped 0% the day following the earnings data was made public, and on 7th day price change was 0%.
On May 3, 2016, it announced earnings per share at $0.18 versus the consensus estimate of $ per share (negative surprise of %). That came on revenues of $6.65B for that period. Analysts had expected $7.25B in revenue.
UBS Group AG Earnings Estimates
As Q1 earnings announcement date approaches, Wall Street is expecting earnings per share of $1.26. The analysts’ present consensus range is $0.82-$1.61 for EPS. The market consensus range for revenue is between $28.34B and $30.89B, with an average of $29.48B.
UBS Group AG (NYSE:UBS) last ended at $15.93, sending the company’s market cap near $58.67B. The consensus 12-month price target from analysts covering the stock is $17.1. The share price has declined -8.66% from its top level in 52 weeks and dropped 1.66% this year. It recently traded in a range of $15.92-$16.07 at a volume of 2131911 shares. The recent trading ended with the price nearly 0.82 higher for the last 5 trading days, rebounding 33.53% from its 52-week low.