Benzinga | May 11, 2021 04:49PM EDT

Newtek Business Services Q1 EPS $1.05 Misses $1.08 Estimate, Sales $34.01M Beat $29.30M Estimate

Newtek Business Services (NASDAQ:NEWT) reported quarterly earnings of $1.05 per share which missed the analyst consensus estimate of $1.08 by 2.78 percent. This is a 400 percent increase over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $34.01 million which beat the analyst consensus estimate of $29.30 million by 16.08 percent. This is a 115.23 percent increase over sales of $15.80 million the same period last year.