Northwest Bancshares Inc reports results for the quarter ended in March - Earnings Summary

Northwest Bancshares

25/04/2022 15:03

* Northwest Bancshares Inc  NWBI.OQ  reported quarterly
adjusted
earnings of 22 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of 20 cents per share.
    * Revenue fell 9.8% to $90.62 million from a year ago; 
analysts
expected $96.31 million. 
    * Northwest Bancshares Inc's reported EPS for the quarter
was 22
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Northwest Bancshares Inc shares had fallen by 1.9% this
quarter and lost 6.4% so far this year.
    * The company reported quarterly net income of $28.29
million.
    * Wall Street's median 12-month price target for Northwest
Bancshares Inc is $14.00 
    * 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." 

This summary was machine generated April 25 at 02:03 p.m.  ​All
figures in US dollars unless otherwise stated