Recap: Northwest Bancshares Q3 Earnings

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Northwest Bancshares NWBI reported its Q3 earnings results on Monday, October 24, 2022 at 09:00 AM.

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

Earnings

Northwest Bancshares reported in-line EPS of $0.29 versus an estimate of $0.29.

Revenue was up $14.33 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 1.26% increase in the share price the next day.

Here's a look at Northwest Bancshares's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.22 0.20 0.22 0.22
EPS Actual 0.26 0.22 0.26 0.27
Revenue Estimate 96.42M 96.31M 98.59M 97.63M
Revenue Actual 100.27M 90.62M 96.66M 98.42M

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.

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Posted In: EarningsBZI-Recaps
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