Uncovering Potential: M&T Bank's Earnings Preview
Portfolio Pulse from Benzinga Insights
M&T Bank (NYSE:MTB) is set to announce its quarterly earnings on October 17, 2024. Analysts expect an EPS of $3.64. Historically, M&T Bank has shown mixed stock price reactions to earnings results. Shares are currently trading at $185.88, up 57.78% over the past year.
October 16, 2024 | 4:00 pm
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M&T Bank is expected to announce its quarterly earnings with an EPS estimate of $3.64. Past earnings have shown mixed impacts on stock prices, with a recent 1.27% drop despite beating EPS estimates. Current stock price is $185.88, up 57.78% over the past year.
The upcoming earnings announcement is crucial for M&T Bank as it could influence short-term stock price movements. Historically, the stock has reacted variably to earnings results, indicating uncertainty in short-term price direction. The significant year-over-year price increase suggests positive investor sentiment, but the actual impact will depend on whether the earnings meet or exceed expectations and the guidance provided.
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