NEWTEK Business Services (NASDAQ:NEWT) is scheduled to be announcing its earnings results after the market closes on Wednesday, May 2nd. Analysts expect the company to announce earnings of $0.38 per share for the quarter.
NEWTEK Business Services (NASDAQ:NEWT) last announced its quarterly earnings results on Monday, March 5th. The business services provider reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.04). The business had revenue of $10.42 million for the quarter, compared to analyst estimates of $10.08 million. NEWTEK Business Services had a return on equity of 8.40% and a net margin of 107.74%. On average, analysts expect NEWTEK Business Services to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of NASDAQ NEWT opened at $17.88 on Wednesday. The company has a market cap of $331.81, a price-to-earnings ratio of 14.31, a price-to-earnings-growth ratio of 3.16 and a beta of 1.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.27 and a current ratio of 0.27. NEWTEK Business Services has a twelve month low of $15.68 and a twelve month high of $19.40.
About NEWTEK Business Services
Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments.
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