ubs share remains stable as earnings report approaches

UBS shares remained steady in morning trading, staying at CHF 28.47 as of 09:28, which was the same as the previous day's closing price.

The stock reached a high of CHF 28.52 and a low of CHF 28.27, with an opening price of CHF 28.29.

On the SIX SX exchange, the trading volume was 148,693 shares.

Currently, UBS shares are 3.86 percent below their highest point in the past 52 weeks, which was CHF 29.57 on October 30, 2024.

The lowest point in the past 52 weeks was CHF 22.53, indicating a potential decrease of 20.86 percent to reach that level.

In 2023, UBS shareholders received a dividend of CHF 0.640, and it is expected to increase to USD 0.819 this year.

The latest quarterly results, announced on October 30, 2024, showed earnings per share of CHF 0.39, a significant improvement from CHF -0.21 in the same quarter of the previous year.

Revenue for the quarter was CHF 18.86 billion, a slight decrease of 0.21 percent compared to CHF 18.90 billion in the previous year.

The next balance sheet presentation is scheduled for February 4, 2025, and analysts predict earnings per share of USD 1.76 for 2024.

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