Northwest Bancshares Inc expected to post earnings of 26  cents a share - Earnings Preview

Northwest Bancshares

21/07/2023 13:38

* Northwest Bancshares Inc  NWBI.OQ   NWBI.O  is expected
to show
a rise in quarterly revenue when it reports  results on July 24
(estimated). 
    * The Columbus Ohio-based  company is expected to report  a
10.3% increase in revenue to $110.583 million from $100.27
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Northwest
Bancshares Inc
is for earnings of 26 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"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 $11​, below​ its last closing price of $11.75.
​​​

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 2023  0.26        0.26       0.26      Met     -1.3
 Dec. 31 2023  0.31        0.31       0.27      Missed  -13.8
 Sep. 30 2022  0.29        0.29       0.29      Met     0.6​
 Jun. 30 2022  0.22        0.22       0.26      Beat    18.2
 ​​Mar.        0.20        0.20       0.22      Beat    10.6
 31 2022                                                
 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
 This summary was machine generated July 21 at 12:38 GMT.  All
figures in US dollars  unless otherwise stated