Business / Investing
Add as a preferred source on GoogleShares fell 0.64% to $46.49 in premarket trading Wednesday, Oct. 28, as the bank reported earnings below analyst expectations.
UBS Group AG reported third-quarter EPS below analyst forecasts. Chief Executive Sergio Ermotti said the bank would keep engaging with the government over proposed capital requirements.
UBS fell 0.64% to $46.49 before the market opened Wednesday. The trading decline accompanied the earnings miss.
Ermotti said UBS would keep engaging with the government over the proposed requirements. His comments indicate that discussions remain ongoing as the bank reports its quarterly results.
UBS analyst Stephen Ju lifted the previous $318 target by $30 and kept the bank’s Buy rating. Amazon’s Oct. 26 reference price was about 28% below the new target.
Sales and active buyers increased in the company's latest results.
Revenue rose 53% from the corresponding 2025 quarter, while non-GAAP earnings beat estimates by 24 cents per share.
