NewtekOne Revises Down Its 2026/2027 Earnings Guidance
NewtekOne (NEWT) has revised its guidance for GAAP earnings per share in fiscal year 2026, lowering the expected range to $1.70-$1.80 from a previous estimate of $2.15-$2.55 provided in April. The new forecast is below analysts' consensus expectations of $2.07 as reported by Visible Alpha. This downward revision has led to a decline in NewtekOne's stock price, reflecting investor concerns over the company’s financial outlook. The reduction in guidance suggests potential challenges or slower-than-expected performance across its business segments during the period covered by the forecast. Investors are likely reassessing their expectations for future profitability and growth prospects based on this update.
