ubs share price rises amid mixed quarterly results and dividend forecast

UBS shares saw a rise in the morning, trading up 0.3 percent to CHF 28.17 at 09:28 in SIX SX trading, with a peak of CHF 28.23. This performance makes UBS stand out in the SMI, which is currently at 11,718 points.

The trading volume was 146,590 shares. The stock reached a 52-week high of CHF 29.57 on October 30, 2024, which is a decline of 4.73 percent from that peak. The 52-week low is CHF 22.53.

Analysts predict a dividend of USD 0.819 for this year, compared to CHF 0.640 per share last year. UBS reported its quarterly results for the period ending September 30, 2024, on October 30, 2024. The earnings per share (EPS) improved significantly from CHF -0.21 to CHF 0.39 compared to the same period last year. However, sales decreased by 0.21 percent year-over-year, totaling CHF 18.86 billion.

Looking ahead, UBS is set to announce its Q4 2024 financial results on February 4, 2025, with expected earnings per share for 2024 estimated at USD 1.76.

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