Northeast Bank reports results for the quarter ended in December - Earnings Summary

Northeast Bank

25/01/2023 23:24

* Northeast Bank  NBN.OQ  reported quarterly adjusted
earnings of
$1.54​​ per share for the quarter ended in December. The lone
analyst forecast for the quarter was for earnings of $1.27 per
share.
    * Revenue rose 18.5% to $30.05 million from a year ago;
analysts
expected $27.25 million. 
    * Northeast Bank's reported EPS for the quarter was $1.54​.
    * The mean earnings estimate of analysts had risen by
about 11.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Northeast Bank shares had risen by 1.2% this quarter.
    * The company reported quarterly net income of $11.3
million.
    * Wall Street's median 12-month price target for Northeast
Bank is
$60.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
25 at 11:24 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.27           1.54           Beat
 Sep. 30 2022      1.21           1.12           Missed
 Jun. 30 2022      1.15           1.35           Beat
 Mar. 31 2022      1.17           1.36           Beat