Newtek Business Services Corp reports results for the quarter ended in December - Earnings Summary

NewtekOne

24/02/2022 10:09

* Newtek Business Services Corp  NEWT.OQ  reported quarterly
adjusted earnings of 66 cents​​ per share for the quarter ended
in December. The mean expectation of four analysts for the
quarter was for earnings of 61 cents per share.
    * Revenue rose 67.9% to $24.80 million from a year ago; 
analysts
expected $13.08 million. 
    * Newtek Business Services Corp's reported EPS for the
quarter was
84 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Newtek Business Services Corp shares had fallen by 5.0%
this
quarter.
    * The company reported quarterly net income of $20.03
million.
    * Wall Street's median 12-month price target for Newtek
Business
Services Corp is $27.75 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated February 24 at 10:09 a.m.
 ​All figures in US dollars unless otherwise stated