United Bankshares Inc. (UBSI) announced earnings for third quarter that decreased from last year but beat the Street estimates.
The company's bottom line came in at $95.27 million, or $0.70 per share. This compares with $96.16 million, or $0.71 per share, in last year's third quarter.
Analysts on average had expected the company to earn $0.67 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
United Bankshares Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $95.27 Mln. vs. $96.16 Mln. last year.
-EPS (Q3): $0.70 vs. $0.71 last year.
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