Northwest Bancshares (NASDAQ:NWBI) reported its Q4 earnings results on Monday, January 22, 2024 at 09:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Northwest Bancshares missed estimated earnings by 4.17%, reporting an EPS of $0.23 versus an estimate of $0.24.
Revenue was down $10.74 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 0.78% increase in the share price the next day.
Here’s a look at Northwest Bancshares’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.24 | 0.26 | 0.26 | 0.31 |
| EPS Actual | 0.31 | 0.26 | 0.26 | 0.27 |
| Revenue Estimate | 111.12M | 110.58M | 116.91M | 115.68M |
| Revenue Actual | 108.37M | 108.55M | 112.46M | 117.04M |
** Listen to the earnings announcement yourself by clicking here. **
To track all earnings releases for Northwest Bancshares visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
