Benzinga | Oct 19, 2021 10:50AM EDT

M&T Bank's Earnings Outlook

M&T Bank (NYSE:MTB) is set to give its latest quarterly earnings report on Wednesday, 2021-10-20. Here's what investors need to know before the announcement.

Analysts estimate that M&T Bank will likely report an Earnings Per Share (EPS) of $3.5

M&T Bank bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed on EPS by -4.17%, which was followed by a $3.05 drop in the share price the next day.

Here's a look at M&T Bank's past performance and the resulting price change:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 3.60 3 3.03 2.60EPS Actual 3.45 3.41 3.52 2.75Revenue Estimate 1.49B 1.49B 1.46B 1.46BRevenue Actual 1.46B 1.49B 1.54B 1.46B

Stock Performance

Shares of M&T Bank were trading at $150.84 as of October 18. Over the last 52-week period, shares are up 52.22%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here