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NewtekOne reported strong 2024 earnings, raising 2025 forecast and boosting stock outlook.
NewtekOne (NEWT) reported strong Q4 and full-year 2024 earnings, surpassing expectations and boosting its 2025 EPS forecast to $2.10-$2.50.
The business services company increased its net income and net interest income by 51.5%, and recently sold its Newtek Technology Solutions subsidiary.
NewtekOne also integrated Intuit QuickBooks into its platform and paid a $0.19 quarterly dividend, with analysts maintaining neutral ratings but raising price targets.
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NewtekOne reportó fuertes ganancias de 2024, elevando las previsiones de 2025 y aumentando las perspectivas de stock.