UBS Earnings Prediction
The chart below shows how UBS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, UBS sees a +0.35% change in stock price 10 days leading up to the earnings, and a +2.38% change 10 days following the report. On the earnings day itself, the stock moves by +0.04%. This data can give you a slight idea of what to expect for the next quarter's release.
UBS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
21.18B
2.41%
0.06%
Gross Margin
--
--
--
Operating Margin
13.50%
55.89%
6.47%
Net Margin
6.74%
295.93%
21.44%
EPS
0.43
295.45%
26.47%
No Data Available
UBS Earnings Analysis
UBS Group AG Corporation (UBS.N) Earnings Conference Call
Positive
Strong Financial Performance: Our strong financial performance in the quarter with a net profit of 1.4 billion and an underlying PBT of 2.4 billion, together with our year-to-date results demonstrates the power of our unique client franchises, diversified business model and global scale.
Client Service Revenue Growth: Our commitment to serving clients is reflected in a 9% year-on-year increase in underlying revenues, with notable strength in the Americas and APAC.
Invested Assets Increase: Invested assets across the group increased by 15% year-on-year to 6.2 trillion, showing that our wealth and asset management clients continue to value the capabilities we provide across our advice platform and the way in which we consistently innovate to meet their needs.
Cost Savings Progress: In the third quarter, we achieved 750 million in additional annualized gross cost saves, putting us past the halfway mark towards our 13 billion goal.
CET1 Capital Ratio Update: As of the end of the third quarter, our CET1 capital ratio was 14.3%, slightly above our guidance of around 14%, reflecting our strong capital position and a balance sheet for all seasons.
Negative
Operating Expenses Analysis: Operating expenses increased by 2% quarter-on-quarter and were flat excluding the effects of U.S. dollars softness against the Swiss franc and pound sterling, which incurred substantial personnel costs.
Operating Expenses Increase: Operating expenses increased by 3% compared to last year and 1%, sequentially.
Quarterly Pretax Loss Analysis: Non-core and legacy pretax loss in the quarter was 333 million, with 262 million in revenues, primarily from exit gains and securitized products, partly offset by net losses in macro.
Cost Reduction Achievement: Operating expenses were down by over 40% year-on-year and up 1% sequentially, excluding litigation, indicating a significant reduction in costs.
Expected Pretax Loss: In the fourth quarter, we expect NCL to generate a pretax loss, broadly in line with the guidance we provided with our 2Q'24 earnings.
UBS FAQs
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UBS Earning Call Sentiment
UBS Group AG (UBS) Q3 2024 Earnings Call Transcript
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UBS.N
-1.11%Positive
UBS demonstrated strong financial performance with increased net profit and revenues, cost savings, and successful integration progress. The positive outlook for capital returns, asset growth, and investment bank performance further supports a positive sentiment. While there are concerns about integration risks and economic softness, these are mitigated by optimistic guidance and strategic focus. The Q&A revealed confidence in buyback plans and revenue growth, though some uncertainties remain, particularly regarding regulatory impacts and client retention. Overall, the combination of strong earnings, optimistic guidance, and strategic initiatives suggests a positive stock price movement.
