M&T Bank Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
M&T Bank Corporation (NYSE:MTB) is set to release its Q3 earnings on Oct. 17, with expected earnings of $3.64 per share, down from $3.98 last year. Revenue is projected to remain flat at $2.32 billion. Recent analyst ratings show mixed views, with some upgrades and a notable downgrade.
October 17, 2024 | 6:15 am
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M&T Bank is expected to report Q3 earnings of $3.64 per share, a decrease from last year. Revenue is projected to remain flat. Analysts have mixed ratings, with some upgrades and a downgrade.
The expected decrease in EPS suggests potential challenges, but the flat revenue projection indicates stability. Mixed analyst ratings reflect uncertainty, with some seeing potential upside and others cautioning. The recent stock price increase and preferred stock dividends announcement may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100