Earnings

NewtekOne, Inc. Confirms 2024 Earnings Forecast

Published September 6, 2024

In a recent announcement from BOCA RATON, Fla., NewtekOne, Inc., a leading financial corporation, has reiterated its 2024 annual earnings forecast. The company, trading under the ticker NEWT on NASDAQ, is maintaining its previously stated earnings per share (EPS) guidance. Shareholders and investors are presented with a confirmed EPS range of $1.85 to $2.05 for both basic and diluted common shares. This projection showcases the company's financial stability and optimistic outlook for the upcoming fiscal year.

Financial Projections Maintained

The steadfast reconfirmation of NewtekOne's EPS forecast signals a strong confidence in the company's strategic plans and financial health. Amidst a challenging economic environment, the ability to uphold such projections suggests a robust business model and effective management. While the general market faces uncertainties, NewtekOne appears poised to deliver consistent shareholder value, as reflected in the EPS range forecast.

Impact on Shareholders

For shareholders of NEWT, this reconfirmation is a positive indicator. It reaffirms the company's commitment to transparency and consistency when it comes to financial communications. The EPS is a critical metric for investors assessing a company's profitability and potential for growth. By maintaining their forecast, NewtekOne provides a measure of assurance regarding future financial performance and potential investment returns.

NewtekOne, EPS, forecast