Northeast Bank (NASDAQ:NBN) reported its Q1 earnings results on Wednesday, October 27, 2021 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Northeast Bank missed their estimated earnings by 4.0%, reporting an EPS of $1.2 versus an estimate of $1.25, which did not surprise analysts.
Revenue was up $5,789,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.99, which was followed by a 4.3% increase in the share price the next day.
Here’s a look at Northeast Bank’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.55 | 0.21 | 0.77 | |
| EPS Actual | 2.54 | 1.31 | 0.98 | 0.94 |
| Revenue Estimate | 20.57M | 20.34M | 19.71M | 19.84M |
| Revenue Actual | 37.75M | 58.07M | 21.89M | 21.41M |
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