Bank of N T Butterfield & Son Ltd expected to post earnings of $1.11 a share - Earnings Preview

Bank of NT Butterfield & Son

09/02/2024 21:55

* Bank of N T Butterfield & Son Ltd  NTB.N   NTB  is
expected
to show a fall in quarterly revenue when it reports  results on
February 12 for the period ending December 31 2023
    * The Hamilton Bermuda-based   company is expected to report
a
5.5% decrease in revenue to $141.339 million from $149.5 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for Bank of N T Butterfield
& Son
Ltd is for earnings of $1.11 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bank of N T
Butterfield & Son Ltd is $35.00​, above​ its last closing price
of $29.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.14        1.13       0.99      Missed  -12.2
 Jun. 30 2023  1.16        1.16       1.22      Beat    4.8
 Mar. 31 2023  1.15        1.16       1.24      Beat    7​
 Dec. 31 2022  1.14        1.15       1.26      Beat    9.6
 ​​Sep.        1.11        1.11       1.15      Beat    3.5
 30 2022                                                
 Jun. 30 2022  0.92        0.93       0.99      Beat    6.9​
 Mar. 31 2022  0.79        0.79       0.89      Beat    12.5
 Dec. 31 2021  0.81        0.81       0.84      Beat    4
 This summary was machine generated February 9 at 21:55 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)