NBT Bancorp Inc expected to post earnings of 69 cents a share - Earnings Preview

NBT Bancorp

19/07/2024 22:10

* NBT Bancorp Inc  NBTB.OQ   NBTB.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 22 for the
period ending June 30 2024
    * The Norwich New York-based  company is expected to report
a
18.5% increase in revenue to $139.253 million from $117.52
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. (Sales Represents Total Revenue)
    * ​LSEG's mean analyst estimate for NBT Bancorp Inc is for
earnings of 69 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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 NBT Bancorp
Inc
is $40.00​, below​ its last closing price of $45.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.69        0.68       0.68      Met     0
 Dec. 31 2024  0.75        0.75       0.72      Missed  -3.8
 Sep. 30 2023  0.72        0.70       0.84      Beat    20.5​
 Jun. 30 2023  0.75        0.77       0.80      Beat    4.5
 ​​Mar.        0.81        0.85       0.88      Beat    3.8
 31 2023                                                
 Dec. 31 2022  0.93        0.93       0.86      Missed  -7​
 Sep. 30 2022  0.88        0.88       0.90      Beat    2.1
 Jun. 30 2022  0.85        0.84       0.88      Beat    4.8
 This summary was machine generated July 19 at 21:10 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)