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Market Overview

Earnings Preview for Bank of N.T Butterfield

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Bank of N.T Butterfield (NYSE:NTB) announces its next round of earnings this Wednesday, February 10. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings announcement.

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

Sell-side analysts expect Bank of N.T Butterfield's EPS to be near $0.73 on sales of $121.90 million. In the same quarter last year, Bank of N.T Butterfield reported EPS of $0.87 on revenue of $135.90 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The analyst consensus estimate would represent a 16.09% decline in the company's EPS figure. Sales would be down 10.3% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.65 0.52 0.71 0.85
EPS Actual 0.73 0.67 0.78 0.87
Revenue Estimate 120.38 M 120.11 M 133.22 M 131.93 M
Revenue Actual 122.30 M 117.10 M 129.40 M 135.90 M

Stock Performance

Over the past 52-week period, shares of Bank of N.T Butterfield have declined 5.82%.

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.

 

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Posted-In: BZI-EPEarnings