Bank of N.T Butterfield Q3 Adj EPS $1.16 Beats $1.13 Estimate, Sales $141.70M Miss $143.86M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bank of N.T Butterfield (NYSE:NTB) reported Q3 earnings of $1.16 per share, beating the analyst consensus estimate of $1.13 by 2.65%. However, the company's quarterly sales of $141.70 million missed the analyst consensus estimate of $143.86 million by 1.50%. This represents a 0.93% increase over sales of $140.40 million the same period last year.
October 24, 2023 | 8:33 pm
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Bank of N.T Butterfield's Q3 earnings beat estimates but sales fell short. This mixed result could lead to uncertainty in the market.
Bank of N.T Butterfield's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. This mixed result could lead to uncertainty in the market, potentially impacting the stock's short-term performance.
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