United Financial Bancorp (UBNK) Scheduled to Post Quarterly Earnings on Tuesday

United Financial Bancorp (NASDAQ:UBNK) is set to announce its earnings results before the market opens on Tuesday, October 16th. Analysts expect the company to announce earnings of $0.30 per share for the quarter.

United Financial Bancorp (NASDAQ:UBNK) last released its quarterly earnings data on Tuesday, July 17th. The bank reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.01. United Financial Bancorp had a return on equity of 8.42% and a net margin of 19.61%. The firm had revenue of $56.54 million during the quarter, compared to the consensus estimate of $55.80 million. On average, analysts expect United Financial Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NASDAQ UBNK opened at $17.00 on Tuesday. United Financial Bancorp has a 1-year low of $15.47 and a 1-year high of $19.35. The company has a market capitalization of $860.43 million, a P/E ratio of 15.18 and a beta of 0.72. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 1.51.

Several equities analysts recently weighed in on UBNK shares. Zacks Investment Research downgraded United Financial Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, June 12th. BidaskClub downgraded United Financial Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, June 13th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. United Financial Bancorp presently has a consensus rating of “Hold” and a consensus price target of $20.00.

About United Financial Bancorp

United Financial Bancorp, Inc operates as the holding company for United Bank that provides retail, commercial, and consumer banking services to individuals, families, and businesses. The company accepts various deposits, such as interest-bearing checking, non-interest-bearing checking, regular savings, money market savings, and time deposits.

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Earnings History for United Financial Bancorp (NASDAQ:UBNK)

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