NewtekOne (NEWT) Q2 Earnings Surpass Estimates

Core Viewpoint - NewtekOne (NEWT) reported quarterly earnings of $0.52 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, and showing an increase from $0.43 per share a year ago [1][2]. Financial Performance - The earnings surprise for the quarter was +4.00%, with the company having surpassed consensus EPS estimates in all four of the last quarters [2]. - NewtekOne's revenues for the quarter ended June 2025 were $70.2 million, which fell short of the Zacks Consensus Estimate by 4.75%, compared to $61.15 million in the same quarter last year [3]. - The company has exceeded consensus revenue estimates three times in the last four quarters [3]. Stock Performance and Outlook - NewtekOne shares have declined approximately 8.3% since the beginning of the year, while the S&P 500 has gained 8.6% [4]. - The company's earnings outlook is mixed, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market in the near future [7]. - The consensus EPS estimate for the upcoming quarter is $0.62 on revenues of $78.68 million, and for the current fiscal year, it is $2.22 on revenues of $303.41 million [8]. Industry Context - The Financial - Miscellaneous Services industry, to which NewtekOne belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [9].