NewtekOne, Inc. reports results for the quarter ended June 30 - Earnings Summary
NewtekOne, Inc. reports results for the quarter ended June 30 - Earnings Summary
NewtekOne, Inc. NEWT.OQ reported quarterly adjusted earnings of 47 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -70 cents. The mean expectation of seven analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 44 cents to 52 cents per share.
Revenue rose 7% to $75.08 million from a year ago; analysts expected $74.89 million.
NewtekOne, Inc.'s reported EPS for the quarter was 47 cents.
The company reported quarterly net income of $13.55 million.
NewtekOne, Inc. shares had risen by 2.2% this quarter and gained 33.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
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 $15.00, about 0.9% below its last closing price of $15.13
This summary was machine generated from LSEG data August 6 at 09:49 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 |
Jun. 30 2026 | 0.48 | 0.47 | Missed |
Mar. 31 2026 | 0.44 | 0.43 | Missed |
Dec. 31 2025 | 0.68 | 0.65 | Missed |
Sep. 30 2025 | 0.64 | 0.67 | Beat |
Recent news on NewtekOne
See all newsBrief: NewtekOne Expects 2026 EPS $1.7-$1.8, 2027 EPS $2-$2.2
NewtekOne, Inc. reports results for the quarter ended June 30 - Earnings Summary
Corrected: NewtekOne Q2 net interest income rises on higher loan originations and deposits
Brief: NewtekOne, Inc. Q2 EPS USD 0.48
NewtekOne, Inc. expected to post earnings of 48 cents a share - Earnings Preview