M&T Bank Q3 Adj. EPS $4.05 Beats $3.94 Estimate, Sales $2.335B Beat $2.325B Estimate
Portfolio Pulse from Benzinga Newsdesk
M&T Bank reported Q3 adjusted earnings of $4.05 per share, beating the analyst consensus estimate of $3.94 by 2.79%. This is a 5.74% increase from the same period last year. The company also reported quarterly sales of $2.33 billion, beating the analyst consensus estimate of $2.33 billion by 0.43%. This is a 5.42% increase from the same period last year.
October 18, 2023 | 10:30 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
M&T Bank's Q3 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
M&T Bank's Q3 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100