NBT Bancorp (NBTB) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for NBT Bancorp, driven by higher revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - NBT Bancorp is expected to report quarterly earnings of $0.82 per share, reflecting an 18.8% increase year-over-year [3]. - Revenues are projected to reach $170.63 million, which is a 21.5% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.53% higher in the last 30 days, indicating a slight positive adjustment by analysts [4]. - However, the Most Accurate Estimate for NBT is lower than the consensus, resulting in an Earnings ESP of -2.45%, suggesting a bearish outlook from analysts [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, but the model is more reliable for positive readings [9][10]. - NBT's current Zacks Rank is 4, which complicates the prediction of an earnings beat [12]. Historical Performance - In the last reported quarter, NBT exceeded expectations by delivering earnings of $0.80 per share against an estimate of $0.76, resulting in a surprise of +5.26% [13]. - Over the past four quarters, NBT has beaten consensus EPS estimates two times [14]. Industry Comparison - Flagstar Financial, another player in the Northeast banking sector, is expected to report a loss of $0.12 per share, with revenues projected at $527.48 million, down 21.4% year-over-year [18]. - Flagstar's EPS estimate has been revised 26.4% higher recently, resulting in a positive Earnings ESP of +9.47%, suggesting a likely earnings beat [19].