NBT Bancorp Q2 Adj $0.80 Beats $0.76 Estimate, Sales $121.13M Miss $126.11M Estimate
Portfolio Pulse from Benzinga Newsdesk
NBT Bancorp reported Q2 earnings of $0.70 per share, missing the analyst consensus estimate of $0.76 by 7.89 percent. This represents a 20.45 percent decrease from the same period last year.
July 31, 2023 | 9:07 pm
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NBT Bancorp's Q2 earnings missed analyst estimates by 7.89 percent and decreased by 20.45 percent YoY.
Earnings reports are a significant factor in a company's stock price. NBT Bancorp's missed earnings estimates and YoY decrease could negatively impact investor sentiment, potentially leading to a short-term decrease in the stock price.
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