Northwest Bancshares: Q4 Earnings Insights

Northwest Bancshares 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.

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