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NewtekOne Lowers Earnings Guidance, Causing Share Price Decline

NewtekOne revised downward its earnings per share projections for 2026 and 2027, leading to a decline in its stock price. The company indicated a strategic shift toward prioritizing recurring net interest income amid changing market conditions.

28 Aug, 14:00 — 28 Aug, 15:14
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Moderate (32/100)
2 sources— more sources would strengthen this score15/33
Spectrum spread2/5 buckets covered8/33
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