Stocks To Watch Ahead Of Earnings: United Community Banks
Keep in mind that buying just before a stock reports can be risky. You don't know how the stock will report and how the market will react, and you don't have enough time to build a profit cushion. You can minimize your risk by waiting to see how the company reports and how the market reacts. You can also use an options strategy to limit your potential downside.
While revenue growth fell last quarter from 15% to 11%, earnings-per-share grew 147%, up from 102% in the prior report.
Analysts expect earnings-per-share growth of 20% for the quarter, and 45% growth for the full year.
The company has a 94 Composite Rating and holds the No. 6 rank among its peers in the Banks-Southeast industry group. Select Bancorp, Live Oak Bancshares and Atlantic Capital Bancshr are among the top 5 highly rated stocks within the group.
Note: Dates for earnings reports are subject to change. Check the company's website for any updates.