Banco de Chile (BCH) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS
Banco de Chile (NYSE:BCH) posted its quarterly earnings results on Monday. The bank reported $1.30 EPS for the quarter, missing the consensus estimate of $1.36 by $0.06. The business had revenue of $640.30 million for the quarter. Banco de Chile had a return on equity of 20.26% and a net margin of 23.97%.
Shares of Banco de Chile (NYSE:BCH) traded down 0.34% on Tuesday, hitting $72.45. 6,761 shares of the company traded hands. The stock has a market capitalization of $11.79 billion, a price-to-earnings ratio of 13.42 and a beta of 0.57. The firm’s 50 day moving average price is $73.82 and its 200-day moving average price is $71.58. Banco de Chile has a 1-year low of $58.40 and a 1-year high of $76.22.
BCH has been the topic of several research reports. Zacks Investment Research raised shares of Banco de Chile from a “hold” rating to a “buy” rating and set a $81.00 price target on the stock in a research note on Wednesday, March 22nd. Credit Suisse Group AG set a $73.00 price target on shares of Banco de Chile and gave the stock a “hold” rating in a research note on Wednesday, April 12th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $78.67.
Banco de Chile Company Profile
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