Benzinga | Nov 9, 2021 11:17AM EST

Newtek Business Services: Q3 Earnings Insights

Newtek Business Services (NASDAQ:NEWT) reported its Q3 earnings results on Monday, November 8, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Newtek Business Services their estimated earnings by 5.08%, reporting an EPS of $0.56 versus an estimate of $0.59, which did not surprise analysts.

Revenue was up $2,521,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.49, which was followed by a 2.95% increase in the share price the next day.

Here's a look at Newtek Business Services's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.71 1.08 0.56 0.06EPS Actual 1.20 1.05 0.44 0.04Revenue Estimate 19.78M 29.30M 13.80M 15.39MRevenue Actual 36.59M 34.69M 14.78M 14.93M

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