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NewtekOne Shares Fall After Company Revises Down 2026, 2027 EPS Outlook

NewtekOne Shares Fall After Company Revises Down 2026, 2027 EPS Outlook

MT newswireMT newswire2026/08/28 19:11
03:11 PM EDT, 08/28/2026 (MT Newswires) -- NewtekOne (NEWT) shares fell 3% on Friday after the company lowered its EPS guidance for 2026 and 2027. The company said it now expects 2026 EPS of $1.70 to $1.80 compared with $2.15 to $2.55 earlier. Analysts polled by FactSet expect $2.10. It now expects 2027 EPS of $2.00 to $2.20 compared with $2.40 to $2.80 earlier. Analysts expect $2.30. The revised guidance reflects a decision to hold more guaranteed portions of SBA loans on the company's balance sheet, according to a statement. Price: 11.91, Change: -0.41, Percent Change: -3.33
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