Northwest Bancshares: Q4 Earnings Insights


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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:

QuarterQ3 2023Q2 2023Q1 2023Q4 2022
EPS Estimate0.240.260.260.31
EPS Actual0.310.260.260.27
Revenue Estimate111.12M110.58M116.91M115.68M
Revenue Actual108.37M108.55M112.46M117.04M

** 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.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: EarningsBZI-Recaps