Grupo Financiero Galicia (GGAL) Announces Quarterly Earnings Results, Beats Expectations By $0.21 EPS
Grupo Financiero Galicia (NASDAQ:GGAL) announced its earnings results on Tuesday. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.21, ARN reports.
Shares of Grupo Financiero Galicia (NASDAQ:GGAL) opened at 12.54 on Tuesday. Grupo Financiero Galicia has a one year low of $4.96 and a one year high of $14.35. The stock’s 50-day moving average is $13.25 and its 200-day moving average is $10.91. The company has a market cap of $1.631 billion and a P/E ratio of 5.46.
A number of analysts have recently weighed in on GGAL shares. Analysts at RBC Capital upgraded shares of Grupo Financiero Galicia to a “sector perform” rating in a research note on Thursday, May 1st. Analysts at Zacks upgraded shares of Grupo Financiero Galicia from a “neutral” rating to an “outperform” rating in a research note on Friday, March 21st. They now have a $11.70 price target on the stock.
Grupo Financiero Galicia SA (NASDAQ:GGAL) is a financial services holding company.
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