UBS Group (UBS) Set to Announce Earnings on Tuesday

UBS Group (NYSE:UBS) will be announcing its earnings results before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.23 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

UBS Group (NYSE:UBS) last issued its earnings results on Tuesday, February 6th. The bank reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $12.06 billion. During the same quarter in the prior year, the business earned $0.50 EPS. UBS Group’s revenue for the quarter 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 Trading Up 1.3 %

NYSE UBS opened at $27.17 on Friday. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.10 and a quick ratio of 1.09. The company’s 50 day moving average is $29.54 and its 200-day moving average is $28.35. UBS Group has a 12-month low of $18.71 and a 12-month high of $32.13.

UBS Group Increases Dividend

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

Analyst Ratings Changes

Several research firms have issued reports on UBS. Societe Generale upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Citigroup lowered UBS Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 23rd. Morgan Stanley upgraded UBS Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, March 8th. Finally, BNP Paribas downgraded UBS Group from an “outperform” rating to a “neutral” rating in a research report on Monday, April 22nd. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

About UBS Group

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.