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

Northeast Bank

24/07/2023 23:16

* Northeast Bank  NBN.OQ  reported quarterly adjusted
earnings of
$1.61​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of $1.55 per
share.
    * Revenue rose 27.2% to $35.27 million from a year ago;
analysts
expected $34.38 million. 
    * Northeast Bank's reported EPS for the quarter was $1.61​.
    * The mean earnings estimate of analysts had fallen by
about 4.9%
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 10.4% this quarter and
gained 9.3% so far this year.
    * The company reported quarterly net income of $12.09
million.
    * Wall Street's median 12-month price target for Northeast
Bank is
$52.00 
    * 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 LSEG Refinitiv data July
24 at 10:16 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.55           1.61           Beat
 Mar. 31 2023      1.66           1.69           Beat
 Dec. 31 2022      1.27           1.54           Beat
 Sep. 30 2022      1.21           1.12           Missed