Newtek Business Services: Q3 Earnings Insights

Newtek Business Services NEWT reported its Q3 earnings results on Monday, November 8, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

Newtek Business Services their estimated earnings by 5.08%, reporting an EPS of $0.56 versus an estimate of $0.59, which did not surprise analysts.

Revenue was up $2,521,000 from the same period last year.

Last quarter the company beat on EPS by $0.49, which was followed by a 2.95% increase in the share price the next day.

Here's a look at Newtek Business Services's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.71	1.08	0.56	0.06
EPS Actual	1.20	1.05	0.44	0.04
Revenue Estimate	19.78M	29.30M	13.80M	15.39M
Revenue Actual	36.59M	34.69M	14.78M	14.93M

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