Exploring NBT Bancorp's Earnings Expectations

2024.10.26

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NBT Bancorp NBTB is preparing to release its quarterly earnings on Monday, 2024-10-28. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect NBT Bancorp to report an earnings per share (EPS) of $0.77.

Investors in NBT Bancorp are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Historical Earnings Performance

In the previous earnings release, the company missed EPS by $0.00, leading to a 8.11% increase in the share price the following trading session.

Here's a look at NBT Bancorp's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.69 0.68 0.75 0.70
EPS Actual 0.69 0.68 0.72 0.84
Price Change % 8.0% 4.0% -3.0% 8.0%

eps graph

Stock Performance

Shares of NBT Bancorp were trading at $44.43 as of October 24. Over the last 52-week period, shares are up 30.09%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for NBT Bancorp visit their earnings calendar on our site.

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

Market News and Data brought to you by Benzinga APIs

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