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

Reuters07-19

* Northwest Bancshares Inc is expected to show a fall in quarterly revenue when it reports results on July 23 for the period ending January 1 0001

* The Columbus Ohio-based company is expected to report a 3.8% decrease in revenue to $104.443 million from $108.55 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data. (Sales is on Net interest income basis)

* ​LSEG's mean analyst estimate for Northwest Bancshares Inc is for earnings of 22 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 $12.00​, below​ its last closing price of $13.15. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 0.24 0.23 0.24 Beat 5.1

Dec. 31 0001 0.24 0.24 0.23 Missed -4.2

Sep. 30 2023 0.24 0.24 0.31 Beat 27.4​

Jun. 30 2023 0.26 0.26 0.26 Met -0.6

​​Jan. 0.26 0.26 0.26 Met -1.3

1 0001

Dec. 31 2022 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

This summary was machine generated July 19 at 13:14 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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