Benzinga | Jan 24, 2022 09:47AM EST

Recap: Northwest Bancshares Q4 Earnings

Northwest Bancshares (NASDAQ:NWBI) reported its Q4 earnings results on Monday, January 24, 2022 at 09:00 AM.

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

Earnings

Northwest Bancshares beat estimated earnings by 18.18%, reporting an EPS of $0.26 versus an estimate of $0.22, which surprised analysts.

Revenue was up $6.23 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05, which was followed by a 0.35% drop in the share price the next day.

Here's a look at Northwest Bancshares's past performance:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.22 0.28 0.28 0.22EPS Actual 0.27 0.23 0.32 0.28Revenue Estimate 97.63M 101.11M 102.60M 104.28MRevenue Actual 98.42M 95.73M 100.46M 102.89M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.