Northwest Bancshares (NASDAQ:NWBI) reported its Q4 earnings results on Monday, January 24, 2022 at 09:00 AM.
Here's what investors need to know about the announcement.
Earnings
Northwest Bancshares beat estimated earnings by 18.18%, reporting an EPS of $0.26 versus an estimate of $0.22, which surprised analysts.
Revenue was up $6.23 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05, which was followed by a 0.35% drop in the share price the next day.
Here's a look at Northwest Bancshares's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.22 | 0.28 | 0.28 | 0.22 |
| EPS Actual | 0.27 | 0.23 | 0.32 | 0.28 |
| Revenue Estimate | 97.63M | 101.11M | 102.60M | 104.28M |
| Revenue Actual | 98.42M | 95.73M | 100.46M | 102.89M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
