Earnings & Estimates for Northwest Bancshares, Inc. (NASDAQ:NWBI)


Investors and analysts will be paying close attention when the company posts earnings results. Earnings numbers can provide insight into a company’s overall profitability. Covering equity analysts are expecting Northwest Bancshares, Inc. (NASDAQ:NWBI) to post quarterly EPS of $0.24. 

The company posted EPS of $0.19 for the same quarter last year. Most recently, the company reported EPS of $0.2. Prior to the last earnings report, Zacks Research had a consensus estimate looking for EPS of $0.2. The gap between the estimate and actual number was $0 which created a surprise factor of 0%. The surprise factor can cause substantial stock fluctuations after the earnings release.

Before and after the earnings report, covering Wall Street analysts often make updates to their projections. Analysts taken into consideration by Zacks Research have a current mean target price of $15 on shares. This target consists of 2 research analysts polled by Zacks Research. Analysts may have different stances on where they see the stock headed in the future. Among the polled analysts, the highest estimate sees the stock going to 15 in the next year. The analyst with the lowest target price views shares reaching $15 within the same period. Zacks Research also compiles analyst ratings using a scale that ranges from 1 to 5. If the company has a ratings score of 1, this would represent a Strong Buy. If the company has a 5 rating, this would signify a Strong Sell. Combining all the ratings on Northwest Bancshares, Inc. (NASDAQ:NWBI), the current mean stands at 2.67.

Analyst recommendations and estimates are for informational purposes only and should be used along with a number of other factors when considering an investment position. 

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