NewtekOne, Inc. reports results for the quarter ended September 30 - Earnings Summary
NewtekOne, Inc. reports results for the quarter ended September 30 - Earnings Summary
NewtekOne, Inc. NEWT.OQ reported quarterly adjusted earnings of 34 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of seven analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from 36 cents to 64 cents per share.
Revenue fell 4.2% to $71.79 million from a year ago; analysts expected $77.10 million.
NewtekOne, Inc.'s reported EPS for the quarter was 34 cents.
The company reported quarterly net income of $9.64 million.
NewtekOne, Inc. shares had risen by 3.5% this quarter and gained 1.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 26.2% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the corporate financial services peer group is "buy."
Wall Street's median 12-month price target for NewtekOne, Inc. is $14.00, about 17.7% above its last closing price of $11.52
This summary was machine generated from LSEG data October 28 at 09:02 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 0.45 | 0.34 | Missed |
Jun. 30 2026 | 0.48 | 0.47 | Missed |
Mar. 31 2026 | 0.44 | 0.43 | Missed |
Dec. 31 2025 | 0.68 | 0.65 | Missed |
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