Northwest Bancshares: Q4 Earnings Insights - Northwest Bancshares (NASDAQ:NWBI)

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.

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.

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.