Newtek Business Services, (NEWT) Announces Quarterly Earnings Results, Hits Estimates
Newtek Business Services, (NASDAQ:NEWT) released its earnings data on Wednesday. The company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04, Analyst Ratings.Net reports. The company had revenue of $36.10 million for the quarter, compared to the consensus estimate of $37.59 million.
Shares of Newtek Business Services, (NASDAQ:NEWT) traded down 1.85% on Wednesday, hitting $2.65. 65,579 shares of the company’s stock traded hands. Newtek Business Services, has a one year low of $1.98 and a one year high of $3.43. The stock’s 50-day moving average is $2.74 and its 200-day moving average is $2.87. The company has a market cap of $93.9 million and a price-to-earnings ratio of 13.50.
Newtek Business Services, Inc (NASDAQ:NEWT) is a holding company.
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