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

Northwest Bancshares

22/07/2022 14:45

* Northwest Bancshares Inc  NWBI.OQ   NWBI.O  is expected
to show
a rise in quarterly revenue when it reports  results on July 25
(estimated). 
    * The Warren Pennsylvania-based  company is expected to
report  a
0.8% increase in revenue to $96.517 million from $95.73 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 23 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 1 "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 $12.5​, below​ its last closing price
of $13.13. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.20        0.20       0.22      Beat    10.6
 Dec. 31 2022  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.        0.29        0.28       0.32      Beat    12.9
 31 2021                                                
 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. 30 2020  0.07        0.08       0.25      Beat    228.9
 This summary was machine generated July 22 at 13:45 GMT.  All
figures in US dollars  unless otherwise stated