A Preview Of Bank of N.T Butterfield's Earnings

On Monday, July 26, Bank of N.T Butterfield NTB will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Bank of N.T Butterfield reporting earnings of $0.81 per share on revenue of $122.86 million. Bank of N.T Butterfield earnings in the same period a year ago was $0.67 per share. Quarterly sales came in at $117.10 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The Wall Street consensus estimate for earnings would represent a 20.9% increase for the company. Revenue would be have grown 4.92% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of Bank of N.T Butterfield were trading at $33.59 as of July 21. Over the last 52-week period, shares are up 29.33%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Bank of N.T Butterfield is scheduled to hold the call at 10:00:00 ET and can be accessed here.