NewtekOne Inc expected to post earnings of 25 cents a share - Earnings Preview

NewtekOne

04/05/2024 03:28

* NewtekOne Inc  NEWT.OQ   NEWT.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 6 for the
period ending March 31 2024
    * The Boca Raton Florida-based  company is expected to
report a
35.2% increase in revenue to $48.463 million from $35.84 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. (Sales/Revenue Majority Basis is on Total
Investment Income)
    * ​LSEG's mean analyst estimate for NewtekOne Inc is for
earnings
of 25 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"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 NewtekOne
Inc is
$13.00​, above​ its last closing price of $11.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.58        0.58       0.53      Missed  -8.4
 Jan. 1 2023   0.36        0.36       0.37      Beat    2.3
 Jun. 30 2023  0.26        0.28       0.26      Missed  -6.6​
 Mar. 31 2023  0.36        0.36       0.45      Beat    26.4
 ​​Jan.        0.61        0.63       0.06      Missed  -90.5
 1 0001                                                 
 Jan. 1 0001   0.67        0.68       0.62      Missed  -8.4​
 Jun. 30 2022  0.70        0.72       0.75      Beat    3.7
 Jan. 1 0001   0.56        0.56       0.72      Beat    28.6
 This summary was machine generated May 4 at 02:27 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)