Earnings Outlook For M&T Bank
Portfolio Pulse from Benzinga Insights
M&T Bank (NYSE:MTB) is set to release its latest quarterly earnings report on October 18, 2023. Analysts estimate an earnings per share (EPS) of $3.94. The company's past performance shows a trend of beating EPS estimates, which has led to slight increases in share price. However, the stock has seen a 24.32% decrease over the last 52-week period.
October 17, 2023 | 3:00 pm
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M&T Bank is expected to report an EPS of $3.94 in its upcoming earnings report. Despite consistently beating EPS estimates in the past, the stock has been on a downward trend, decreasing by 24.32% over the last year.
M&T Bank has a history of beating EPS estimates, which typically leads to a positive reaction in the stock price. However, the overall trend for the stock has been negative over the past year, indicating that other factors may be influencing the stock's performance. The upcoming earnings report could potentially influence the stock's direction, but it's uncertain at this point.
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