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

Northwest Bancshares

24/10/2022 14:58

* Northwest Bancshares Inc  NWBI.OQ  reported quarterly
adjusted
earnings of 29 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 29 cents per share.
    * Revenue rose 14.6% to $112.75 million from a year ago;
analysts
expected $109.12 million. 
    * Northwest Bancshares Inc's reported EPS for the quarter
was 29
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Northwest Bancshares Inc shares had risen by 2.3% this
quarter and lost 2.4% so far this year.
    * The company reported quarterly net income of $37.3
million.
    * Wall Street's median 12-month price target for Northwest
Bancshares Inc is $13.50 
    * 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." 

This summary was machine generated from Refinitiv data October
24 at 01:58 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.29           0.29           Met
 Jun. 30 2022      0.22           0.26           Beat
 Mar. 31 2022      0.20           0.22           Beat
 Dec. 31 2021      0.22           0.24           Beat