NewtekOne Inc reports results for the quarter ended in December - Earnings Summary

NewtekOne

28/02/2023 24:14

* NewtekOne Inc  NEWT.OQ  reported quarterly adjusted
earnings of
6 cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
63 cents per share.
    * Revenue fell 6.9% to $23.09 million from a year ago;
analysts
expected $24.77 million. 
    * NewtekOne Inc's reported EPS for the quarter was a loss
of 22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * NewtekOne Inc shares had risen by 17.4% this quarter.
    * The company reported a quarterly loss of $5.4 million.
    * Wall Street's median 12-month price target for NewtekOne
Inc is
$19.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
28 at 12:14 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.63           0.06           Missed
 Sep. 30 2022      0.68           0.62           Missed
 Jun. 30 2022      0.72           0.75           Beat
 Mar. 31 2022      0.56           0.72           Beat