Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
NewtekOne Shares Fall After Company Revises Down 2026, 2027 EPS Outlook

NewtekOne Shares Fall After Company Revises Down 2026, 2027 EPS Outlook

MT newswireMT newswire2026/08/28 19:11
03:11 PM EDT, 08/28/2026 (MT Newswires) -- NewtekOne (NEWT) shares fell 3% on Friday after the company lowered its EPS guidance for 2026 and 2027. The company said it now expects 2026 EPS of $1.70 to $1.80 compared with $2.15 to $2.55 earlier. Analysts polled by FactSet expect $2.10. It now expects 2027 EPS of $2.00 to $2.20 compared with $2.40 to $2.80 earlier. Analysts expect $2.30. The revised guidance reflects a decision to hold more guaranteed portions of SBA loans on the company's balance sheet, according to a statement. Price: 11.91, Change: -0.41, Percent Change: -3.33
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!