Northwest Bancshares is set to announce its second-quarter earnings this Monday afternoon. The market expects revenue to grow 19.1% year on year, an acceleration from the 9.4% increase recorded in the same quarter last year. Last quarter, the company beat analysts' revenue expectations, reporting $175.1 million, up 12.1% year on year, and also exceeded EPS estimates. Analysts have generally reconfirmed their estimates over the last 30 days, and the company rarely misses Wall Street's revenue forecasts. Northwest Bancshares shares are up 2.1% over the last month, heading into earnings with an average analyst price target of $15 compared to the current share price of $15.45.
Northwest Bancshares IncEarnings report expected with revenue growth, but no actual results yet; analyst estimates stable and shares up slightly.