NatWest Group Q1 2024 GAAP EPS $0.26 Down From $0.31 YoY, Sales $4.407B Down From $4.708B YoY
Portfolio Pulse from Benzinga Newsdesk
NatWest Group (NYSE:NWG) reported a decrease in Q1 2024 earnings to $0.26 per share, down 16.13% from $0.31 YoY. Sales also fell to $4.407B, a 6.39% decrease from $4.708B YoY.
April 26, 2024 | 10:37 am
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NatWest Group reported a decrease in both earnings and sales for Q1 2024, with earnings per share down 16.13% and sales down 6.39% YoY.
The reported decrease in both earnings per share and sales for NatWest Group indicates a negative performance for the quarter compared to the previous year. This is likely to negatively impact investor sentiment and could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100