NatWest Group Earlier Reported Q3 EPS $0.21, Sales $3.80B
Portfolio Pulse from Benzinga Newsdesk
NatWest Group (NYSE:NWG) reported Q3 earnings of $0.21 per share, a 50% increase from the same period last year. However, the company's sales this quarter were $3.80 billion, a slight decrease of 0.13% from the same period last year.
October 27, 2023 | 1:37 pm
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NatWest Group's Q3 earnings increased by 50% YoY, but sales slightly decreased by 0.13%.
NatWest Group's earnings have increased significantly, which is a positive sign. However, the slight decrease in sales could be a concern for investors. The net impact on the stock is neutral in the short term as the positive and negative factors balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100