Northwest Bancshares Inc expected to post earnings of 20  cents a share - Earnings Preview

Northwest Bancshares

22/04/2022 12:24

* Northwest Bancshares Inc  NWBI.OQ   NWBI.O  is expected
to show
a fall in quarterly revenue when it reports  results on April 25
(estimated). 
    * The Warren Pennsylvania-based  company is expected to
report  a
4.1% decrease in revenue to $96.31 million from $100.46 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Northwest
Bancshares Inc
is for earnings of 20 cents per share. For the same quarter last
year, the company reported earnings of 32 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 7
"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 Northwest
Bancshares Inc is $14​, above​ its last closing price of $13.47.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.22        0.22       0.24      Beat    10.9
 Sep. 30 2021  0.22        0.22       0.27      Beat    22.3
 Jun. 30 2021  0.28        0.27       0.23      Missed  -15.8​
 Mar. 31 2021  0.29        0.28       0.32      Beat    12.9
 ​​Dec.        0.23        0.22       0.28      Beat    26.1
 31 2020                                                
 Sep. 30 2020  0.25        0.25       0.30      Beat    18.4​
 Jun. 30 2020  0.07        0.08       0.25      Beat    228.9
 Mar. 31 2020  0.17        0.17       0.07      Missed  -58.3
 This summary was machine generated April 22 at 11:24 GMT.  All
figures in US dollars  unless otherwise stated