Northwest Bancshares Inc expected to post earnings of 22 cents a share - Earnings Preview

Northwest Bancshares

22/10/2021 14:49

* Northwest Bancshares Inc  NWBI.OQ   NWBI.O  is expected
to show a fall in quarterly revenue when it reports results on
October 25 (estimated). 
* The Warren, Pennsylvania-based company is expected to report 
a 5.7% decrease in revenue to $97.63 million from $103.53
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 22 cents per share. For the same quarter
last year, the company reported earnings of 30 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 $13.5​, about 3.6% below​ its last closing
price of $13.98. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.23        0.22       0.28      Beat    26.1​
 Sep. 30 2020  0.25        0.25       0.30      Beat    18.4
 Jun.          0.07​       0.08       0.25      Beat    228.9​
 30​ 2020​                                              
 Mar. 31 2020  0.17        0.17       0.07      Missed  -58.3​
 Dec. 31 2019  0.28        0.27       0.24      Missed  -12.4
 Sep. 30 2019  0.26        0.26       0.31      Beat    19.2
 This summary was machine generated October 22 at 13:49 GMT.  All
figures in US dollars unless otherwise stated