Bank of N T Butterfield & Son Ltd expected to post earnings of $1.16 a share - Earnings Preview

Bank of NT Butterfield & Son

29/07/2023 03:04

* Bank of N T Butterfield & Son Ltd  NTB.N   NTB  is
expected
to show a rise in quarterly revenue when it reports  results on
July 31. 
    * The Hamilton Bermuda-based   company is expected to report
 a
9.1% increase in revenue to $146.023 million from $133.8 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Bank of N T
Butterfield &
Son Ltd is for earnings of $1.16 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 $37​, above​ its last closing price
of $32.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.15        1.16       1.24      Beat    7
 Dec. 31 2023  1.14        1.15       1.26      Beat    9.6
 Sep. 30 2022  1.11        1.11       1.15      Beat    3.5​
 Jun. 30 2022  0.92        0.93       0.99      Beat    6.9
 ​​Mar.        0.79        0.79       0.89      Beat    12.5
 31 2022                                                
 Dec. 31 2021  0.81        0.81       0.84      Beat    4​
 Sep. 30 2021  0.81        0.80       0.80      Met     -0.5
 Jun. 30 2021  0.81        0.81       0.78      Missed  -3.7
 This summary was machine generated July 29 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated