UBS Group (UBS) Scheduled to Post Earnings on Tuesday

UBS Group (NYSE:UBS) is set to issue its quarterly earnings data before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.23 per share for the quarter.

UBS Group (NYSE:UBS) last released its quarterly earnings data on Tuesday, February 6th. The bank reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.18). The business had revenue of $10.86 billion for the quarter, compared to the consensus estimate of $12.06 billion. UBS Group had a net margin of 43.70% and a return on equity of 7.56%. UBS Group’s revenue for the quarter was up 35.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.50 earnings per share. 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 Performance

Shares of NYSE:UBS opened at $27.40 on Tuesday. The firm has a 50 day moving average of $29.64 and a 200 day moving average of $28.35. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.10 and a quick ratio of 1.09. UBS Group has a 52 week low of $18.71 and a 52 week high of $32.13.

UBS Group Increases Dividend

The business also recently declared an annual dividend, which will be paid on Friday, May 3rd. Stockholders of record on Thursday, May 2nd will be given a $0.228 dividend. This represents a dividend yield of 0.82%. This is a positive change from UBS Group’s previous annual dividend of $0.18. The ex-dividend date is Wednesday, May 1st. UBS Group’s payout ratio is presently 2.00%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on UBS shares. BNP Paribas lowered 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 upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Finally, Citigroup downgraded shares of UBS Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 23rd. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company currently 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.