Northwest Bancshares (NWBI) Q4 Earnings and Revenues Surpass Estimates

Group 1 - Northwest Bancshares reported quarterly earnings of $0.27 per share, exceeding the Zacks Consensus Estimate of$ 0.26 per share, and up from $0.24 per share a year ago, representing an earnings surprise of 3.85% [1] - The company posted revenues of$ 154.26 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 9.40%, compared to year-ago revenues of $135.47 million [2] - The stock has underperformed the market with a loss of about 0.1% since the beginning of the year, while the S&P 500 has gained 4% [3] Group 2 - The current consensus EPS estimate for the coming quarter is$ 0.24 on revenues of $140.65 million, and for the current fiscal year, it is$ 1.09 on revenues of $625.42 million [7] - The Zacks Industry Rank for Financial - Savings and Loan is currently in the top 12% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - Northwest Bancshares has a Zacks Rank of 1 (Strong Buy), suggesting that the shares are expected to outperform the market in the near future [6]