Benzinga | Nov 9, 2021 11:13AM EST

Newtek Business Services Q3 Adj. EPS $0.56 Misses $0.59 Estimate, Sales $12.41M Miss $14.07M Estimate

Newtek Business Services (NASDAQ:NEWT) reported quarterly earnings of $0.56 per share which missed the analyst consensus estimate of $0.59 by 5.08 percent. This is a 1300 percent increase over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $12.41 million which missed the analyst consensus estimate of $14.07 million by 11.81 percent. This is a 16.89 percent decrease over sales of $14.93 million the same period last year.