Northwest Bancshares (NASDAQ:NWBI) reported its Q1 earnings results on Monday, April 25, 2022 at 09:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Northwest Bancshares beat estimated earnings by 10.0%, reporting an EPS of $0.22 versus an estimate of $0.2.
Revenue was down $9.84 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 1.25% increase in the share price the next day.
Here’s a look at Northwest Bancshares’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.22 | 0.22 | 0.28 | 0.28 |
| EPS Actual | 0.26 | 0.27 | 0.23 | 0.32 |
| Revenue Estimate | 98.59M | 97.63M | 101.11M | 102.60M |
| Revenue Actual | 96.66M | 98.42M | 95.73M | 100.46M |
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.