Earnings Outlook For NBT Bancorp
Portfolio Pulse from Benzinga Insights
NBT Bancorp (NASDAQ:NBTB) is set to release its latest quarterly earnings report on July 31, 2023. Analysts estimate an earnings per share (EPS) of $0.76. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $37.52, down 7.31% over the last 52-week period.
July 28, 2023 | 5:03 pm
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NBT Bancorp is expected to report an EPS of $0.76 in its upcoming earnings. Despite beating EPS estimates in the past, the company's share price has typically dropped following the announcement.
NBT Bancorp has a history of beating EPS estimates but experiencing a drop in share price following the announcement. Given this trend and the current negative returns, the upcoming earnings release could potentially lead to a further decrease in share price.
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