Banco de Chile (BCH) Releases Quarterly Earnings, Beats Estimates By $0.17 EPS
Banco de Chile (NYSE:BCH) released its earnings data on Wednesday. The company reported $1.78 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.61 by $0.17, Stock Ratings Network.com reports.
On a related note, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Banco de Chile in a research note on Monday, July 7th. They now have a $93.00 price target on the stock, up previously from $90.00.
Banco de Chile (NYSE:BCH) opened at 75.11 on Wednesday. Banco de Chile has a 52-week low of $68.739 and a 52-week high of $93.9883. The stock has a 50-day moving average of $77.26 and a 200-day moving average of $75.94. The company has a market cap of $11.934 billion and a price-to-earnings ratio of 11.36.
Banco de Chile (NYSE:BCH) is a Chile-based bank that offers a range of banking services to customers, ranging from individuals to corporations.
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