Northwest Bancshares (NWBI) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - Northwest Bancshares (NWBI) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The earnings report is scheduled for release on October 27, and better-than-expected key numbers could lead to a stock price increase, while a miss could result in a decline [2]. - The consensus estimate for quarterly earnings is $0.29 per share, reflecting an 11.5% year-over-year increase, with expected revenues of $167.1 million, up 20.1% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. - The Most Accurate Estimate for Northwest Bancshares is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.86%, suggesting a bearish sentiment among analysts [12]. Earnings Surprise History - In the last reported quarter, Northwest Bancshares was expected to post earnings of $0.29 per share but actually delivered $0.30, resulting in a surprise of +3.45% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [14]. Comparative Industry Analysis - WSFS Financial, another player in the Zacks Financial - Savings and Loan industry, is expected to report earnings per share of $1.26 for the same quarter, indicating a year-over-year change of +16.7% [18]. - WSFS's revenues are projected to be $267 million, down 0.3% from the previous year, with an Earnings ESP of +2.11%, suggesting a higher likelihood of beating the consensus EPS estimate [19].