Newtek Business Services Q2 EPS $0.75 Beats $0.72 Estimate, Sales $19.23M Miss $19.91M Estimate

Newtek Business Services (NASDAQ:NEWT) reported quarterly earnings of $0.75 per share which beat the analyst consensus estimate of $0.72 by 4.17 percent. This is a 37.5 percent decrease over earnings of $1.20 per share

Newtek Business Services (NASDAQ:NEWT) reported quarterly earnings of $0.75 per share which beat the analyst consensus estimate of $0.72 by 4.17 percent. This is a 37.5 percent decrease over earnings of $1.20 per share from the same period last year. The company reported quarterly sales of $19.23 million which missed the analyst consensus estimate of $19.91 million by 3.44 percent. This is a 47.45 percent decrease over sales of $36.59 million the same period last year.

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