Mark your calendars for Wednesday 6th November 2024, as NewtekOne (NASDAQ: NEWT) is set to unveil its third quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
Financial analysts on Wall Street are predicting that the company is about to reveal an estimated $0.43 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $61.4 million for this period.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $252.01 million. Furthermore, they are predicting profit of $1.89 per share for the full year.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $0.38, attributed to the company's total revenue of $50.97 million.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.43 | +65.4% | 61.15 M | +17.4% |
| Q1 2024 | $0.38 | -15.6% | 58.27 M | +23.0% |
| Q4 2023 | $0.53 | +783.3% | 57.53 M | +149.2% |
| Q3 2023 | $0.38 | -38.7% | 50.97 M | +116.2% |
| Q2 2023 | $0.26 | -65.3% | 52.10 M | +171.0% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 7th November 2024 at 08:30 AM eastern time to discuss Q3 financial results.
NewtekOne (NEWT) shares traded as low as $12.84 and as high as $13.30 on a day volume of 147.80 thousand shares, closed Friday's regular trading session at $12.95, drop of 0.99 percent.