Source Pravda.Ru

United Community Banks Inc. cuts its earning forecast

United Community Banks Inc. said Thursday that its forth-quarter earnings range between 8 cents and 10 cents per share, or 12 cents to 14 cents per share – lower that previously forecasted. Analysts predict that the bank will earn 43 cents per share for the quarter.

The company said it cut its outlook on increased provisions for loan losses and real estate expenses.

United Community will set aside $29.5 million to cover rising losses amid struggling housing and construction markets.

Comments
Report about USSR's unique lunar mission declassified
Keys to understanding the world from Feminism - Science and Feminism
Sheep disrupt the work of US missile defences in Romania
Sheep disrupt the work of US missile defences in Romania
Russia strongly opposed to reinstating death penalty
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Can Russia perform under Soviet flag during 2018 Winter Olympics?
What lies beneath Iran protests
Report about USSR's unique lunar mission declassified
US diplomat makes fool of himself in the Netherlands
Report about USSR's unique lunar mission declassified
German experts name Russia's most dangerous weapon
German experts name Russia's most dangerous weapon
Russian poultry stuffed with antibiotics and dangerous bacteria
Keys to understanding the world from Feminism - Science and Feminism
Sheep disrupt the work of US missile defences in Romania
The Large Families that rule the world
Russians name their biggest sexual taboos
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Ukraine suspicious about Russia's intention to give away rusty ships to Kiev
Keys to understanding the world from Feminism - Science and Feminism