|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||14.46 - 14.69|
|52-week range||9.65 - 15.23|
|Beta (5Y monthly)||1.12|
|PE ratio (TTM)||7.75|
|Forward dividend & yield||0.34 (2.37%)|
|1y target est||17.63|
Brian Sozzi, Julie Hyman, and Myles Udland breakdown Tuesday’s trending tickers which include: the elements that contributed to IBM's remarkable quarterly earnings, UBS Q2 earnings pass estimates with a 63% jump in net profit, and Peloton seeing an uptick in its stock after UnitedHealth announces plan to provide fitness classes to members for free.
ZURICH (Reuters) -UBS on Tuesday posted a 63% jump in second-quarter net profit, easily beating expectations as buoyant markets continued to help the world's largest wealth manager generate higher earnings from managing money for the rich. The Swiss bank's net profit of $2.01 billion far outpaced expectations for $1.34 billion in a poll of 20 analysts compiled by the group, as fee income jumped and asset prices rose at its private bank and asset management business.
ZURICH & BASEL, Switzerland, July 20, 2021--Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210719005845/en/