Atlantic Union Bankshares: Q3 Earnings Insights


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Atlantic Union Bankshares (NASDAQ:AUB) reported its Q3 earnings results on Thursday, October 20, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Atlantic Union Bankshares missed estimated earnings by 2.63%, reporting an EPS of $0.74 versus an estimate of $0.76.

Revenue was up $8.87 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 1.44% drop in the share price the next day.

Here's a look at Atlantic Union Bankshares's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.70 0.61 0.60 0.78
EPS Actual 0.79 0.60 0.71 0.94
Revenue Estimate 172.65M 164.07M 168.18M 168.63M
Revenue Actual 177.05M 161.08M 174.74M 167.43M

To track all earnings releases for Atlantic Union Bankshares visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsBZI-Recaps