NBT Bancorp Inc expected to post earnings of 75 cents a share - Earnings Preview

NBT Bancorp

19/01/2024 21:12

* NBT Bancorp Inc  NBTB.OQ   NBTB.O  is expected to show a
rise in
quarterly revenue when it reports  results on January 23 for the
period ending December 31 2023
    * The Norwich New York-based  company is expected to report
a
3.8% increase in revenue to $139.001 million from $133.87
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (Sales Represents Total Revenue)
    * ​LSEG's mean analyst estimate for NBT Bancorp Inc is for
earnings of 75 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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 $41.00​, above​ its last closing price of $38.65. ​​​

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  0.72        0.70       0.84      Beat    20.5
 Jun. 30 2023  0.75        0.77       0.80      Beat    4.5
 Mar. 31 2023  0.81        0.85       0.88      Beat    3.8​
 Dec. 31 2022  0.93        0.93       0.86      Missed  -7
 ​​Sep.        0.88        0.88       0.90      Beat    2.1
 30 2022                                                
 Jun. 30 2022  0.85        0.84       0.88      Beat    4.8​
 Mar. 31 2022  0.78        0.77       0.90      Beat    16.9
 Dec. 31 2021  0.86        0.85       0.86      Beat    0.8
 This summary was machine generated January 19 at 21:12 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)