Northwest Bancshares (NASDAQ:NWBI) reported its Q3 earnings results on Monday, October 25, 2021 at 09:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Northwest Bancshares beat their estimated earnings by 22.73%, which surprised analysts.
Revenue was up $5,115,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $-0.05, which was followed by a 3.77% drop in the share price the next day.
Here’s a look at Northwest Bancshares’s past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.28 | 0.28 | 0.22 | 0.25 |
| EPS Actual | 0.23 | 0.32 | 0.28 | 0.30 |
| Revenue Estimate | 101.11M | 102.60M | 104.28M | 104.64M |
| Revenue Actual | 95.73M | 100.46M | 102.89M | 103.53M |
Listen to the earnings announcement yourself by clicking here.
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