Bank of NT Butterfield Q1 EPS Estimate Rises 6.9% to $1.39, Shares Up 5.5%
Analysts have raised Bank of NT Butterfield’s first-quarter EPS estimate by 6.9% to $1.39, with consensus forecasts up 8.6% over the past month. Full-year EPS estimates climbed 6.1% to $5.94 as one analyst raised forecasts, supporting the stock’s 5.5% gain over four weeks and a Zacks Rank #2 rating.
1. Current-Quarter Estimate Revisions
Bank of NT Butterfield’s first-quarter EPS consensus estimate rose to $1.39, reflecting a 6.9% increase from the year-ago quarter. Over the past 30 days, one analyst raised their forecast, lifting the average estimate by 8.6%.
2. Full-Year Estimate Upgrades
Analysts boosted the full-year EPS forecast to $5.94, marking a 6.1% year-over-year increase. The one positive revision over the last month drove an 8% rise in the consensus estimate for the full year.
3. Stock Performance and Rating
Shares of Bank of NT Butterfield have climbed 5.5% over the past four weeks, reflecting investor confidence in its upward earnings revisions. The company holds a Zacks Rank #2 (Buy), highlighting favorable analyst outlook and potential for further upside.