Wall Street brokerages forecast that Univest Financial Corp (NASDAQ:UVSP) will report $0.54 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have made estimates for Univest Financial’s earnings. The lowest EPS estimate is $0.52 and the highest is $0.55. Univest Financial reported earnings of $0.55 per share in the same quarter last year, which indicates a negative year over year growth rate of 1.8%. The firm is expected to report its next earnings results on Wednesday, April 22nd.

According to Zacks, analysts expect that Univest Financial will report full-year earnings of $2.13 per share for the current fiscal year, with EPS estimates ranging from $2.06 to $2.20. For the next financial year, analysts expect that the company will post earnings of $2.28 per share, with EPS estimates ranging from $2.25 to $2.30. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow Univest Financial.

Univest Financial (NASDAQ:UVSP) last issued its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.02. The business had revenue of $58.60 million during the quarter, compared to the consensus estimate of $58.16 million.

UVSP has been the subject of a number of recent research reports. Raymond James initiated coverage on shares of Univest Financial in a report on Tuesday, November 26th. They issued an “outperform” rating and a $29.00 price objective for the company. BidaskClub cut shares of Univest Financial from a “sell” rating to a “strong sell” rating in a report on Wednesday, January 8th. Finally, ValuEngine cut shares of Univest Financial from a “hold” rating to a “sell” rating in a report on Thursday, November 14th.

Large investors have recently modified their holdings of the stock. Western Standard LLC raised its position in Univest Financial by 16.1% in the fourth quarter. Western Standard LLC now owns 43,800 shares of the financial services provider’s stock worth $1,173,000 after purchasing an additional 6,070 shares in the last quarter. AQR Capital Management LLC raised its position in Univest Financial by 50.9% in the fourth quarter. AQR Capital Management LLC now owns 31,591 shares of the financial services provider’s stock worth $846,000 after purchasing an additional 10,662 shares in the last quarter. Bank of America Corp DE raised its position in Univest Financial by 7.6% in the fourth quarter. Bank of America Corp DE now owns 269,305 shares of the financial services provider’s stock worth $7,212,000 after purchasing an additional 19,130 shares in the last quarter. Marshall Wace LLP acquired a new position in Univest Financial in the fourth quarter worth about $1,383,000. Finally, Bank of New York Mellon Corp raised its position in Univest Financial by 21.6% in the fourth quarter. Bank of New York Mellon Corp now owns 235,289 shares of the financial services provider’s stock worth $6,301,000 after purchasing an additional 41,717 shares in the last quarter. Hedge funds and other institutional investors own 68.36% of the company’s stock.

NASDAQ:UVSP traded down $0.17 during trading hours on Friday, reaching $25.70. The company’s stock had a trading volume of 88,224 shares. Univest Financial has a one year low of $23.27 and a one year high of $27.80. The business’s 50-day moving average is $26.06 and its 200-day moving average is $25.89.

Univest Financial Company Profile

Univest Corporation of Pennsylvania offers banking products and services. The bank offers demand deposits and interest and non-interest bearing time and savings deposits. It's deposits include jumbo deposits and retail time deposits. It provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases.

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Earnings History and Estimates for Univest Financial (NASDAQ:UVSP)

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