Northeast Bank's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Northeast Bank (NASDAQ:NBN) is set to release its latest quarterly earnings report on October 23, 2023. Analysts estimate an earnings per share (EPS) of $1.56. The bank's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The bank's shares were trading at $44.8 as of October 19, with a 52-week increase of 8.51%.
October 20, 2023 | 4:01 pm
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Northeast Bank is expected to release its Q3 earnings report. The bank has a history of beating EPS estimates, which has generally led to an increase in share price. The stock is currently trading at $44.8, with a 52-week increase of 8.51%.
The bank's history of beating EPS estimates and the positive trend in its share price suggest that the upcoming earnings report could have a positive impact on the stock. However, the actual impact will depend on whether the bank meets or exceeds the EPS estimate and the guidance it provides for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100