UBS Group (UBS) to Release Quarterly Earnings on Tuesday

UBS Group (NYSE:UBS) will be posting its quarterly earnings results before the market opens on Tuesday, May 7th. Analysts expect UBS Group to post earnings of $0.23 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Tuesday, February 6th. The bank reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.18). UBS Group had a return on equity of 7.56% and a net margin of 43.70%. The business had revenue of $10.86 billion for the quarter, compared to analyst estimates of $12.06 billion. During the same period in the previous year, the business posted $0.50 EPS. The business’s quarterly revenue was up 35.2% compared to the same quarter last year. On average, analysts expect UBS Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

UBS Group Stock Up 1.3 %

Shares of UBS Group stock opened at $27.17 on Monday. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.09 and a current ratio of 1.10. The business has a 50-day moving average of $29.54 and a two-hundred day moving average of $28.41. UBS Group has a 1 year low of $18.71 and a 1 year high of $32.13.

UBS Group Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, May 3rd. Investors of record on Thursday, May 2nd were given a $0.228 dividend. The ex-dividend date of this dividend was Wednesday, May 1st. This is a positive change from UBS Group’s previous annual dividend of $0.18. This represents a dividend yield of 0.82%. UBS Group’s payout ratio is currently 2.56%.

Analyst Upgrades and Downgrades

UBS has been the topic of a number of research reports. BNP Paribas lowered shares of UBS Group from an “outperform” rating to a “neutral” rating in a research note on Monday, April 22nd. Morgan Stanley raised shares of UBS Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, March 8th. Societe Generale raised shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Finally, Citigroup downgraded UBS Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 23rd. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

UBS Group Company Profile

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.