ubs shares decline amid midday trading with earnings report insights

The stock price of UBS declined by 1.2 percent to CHF 28.02 at midday, following the overall decline in the SMI, which is currently at 11,642 points.

During the session, the stock reached a low of CHF 27.75 after opening at CHF 28.12. The trading volume increased to 1,218,370 shares.

Over the past year, the stock reached a high of CHF 29.57 on October 30, 2024, and a low of CHF 22.53 on August 5, 2024, indicating a 19.59 percent increase from the lowest point to the current price.

UBS reported earnings per share of CHF 0.39 for the quarter ending September 30, 2024, showing a significant improvement from CHF -0.21 in the same quarter last year. The company's turnover for the latest quarter was CHF 18.86 billion, slightly lower by 0.21 percent compared to CHF 18.90 billion year-over-year.

Analysts predict earnings of USD 1.76 per share for 2024. The financial results for Q4 2024 are scheduled for release on February 4, 2025, with Q4 2025 results expected on January 27, 2026.

The estimated dividend for the current year is USD 0.819 per share, an increase from CHF 0.640 last year.

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