Earnings Preview For Bank of N.T Butterfield
Portfolio Pulse from Benzinga Insights
Bank of N.T Butterfield (NYSE:NTB) is set to release its quarterly earnings report on Tuesday, 2023-10-24, with an estimated EPS of $1.13. The company's past performance shows a pattern of share price changes following earnings announcements. Last quarter, the company missed EPS by $0.02, resulting in a 4.05% drop in the share price. Over the last 52-week period, shares are down 23.52%.
October 23, 2023 | 7:05 pm
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NEGATIVE IMPACT
Bank of N.T Butterfield's upcoming earnings report could impact its share price, as seen in past quarters. The company's shares have been on a downward trend, down 23.52% over the last 52 weeks.
Historically, Bank of N.T Butterfield's share price has been affected by its earnings reports. Given the company's recent trend of missing EPS estimates and the resulting negative impact on its share price, it's likely that the upcoming earnings report could also negatively affect the share price, especially if the company fails to meet the estimated EPS of $1.13.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100