NewtekOne Q3 EPS $0.38 Beats $0.36 Estimate
Portfolio Pulse from Benzinga Newsdesk
NewtekOne reported Q3 earnings of $0.38 per share, beating the analyst consensus estimate of $0.36 by 5.56%. However, this is a 38.71% decrease from the same period last year.
November 07, 2023 | 10:16 pm
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NewtekOne's Q3 earnings beat estimates but are significantly lower than last year's earnings.
While NewtekOne beat the Q3 earnings estimate, the significant decrease from last year's earnings could potentially concern investors. This mixed result makes the short-term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100