Wall Street analysts expect Banco De Chile (NYSE:BCH) to report $1.33 earnings per share (EPS) for the current quarter, according to Zacks. Zero analysts have issued estimates for Banco De Chile’s earnings. The highest EPS estimate is $1.37 and the lowest is $1.29. Banco De Chile reported earnings of $1.84 per share in the same quarter last year, which indicates a negative year over year growth rate of 27.7%. The business is scheduled to report its next quarterly earnings report on Monday, August 7th.

On average, analysts expect that Banco De Chile will report full-year earnings of $5.40 per share for the current financial year, with EPS estimates ranging from $5.26 to $5.55. For the next financial year, analysts expect that the business will post earnings of $5.86 per share, with EPS estimates ranging from $5.63 to $6.26. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Banco De Chile.

Banco De Chile (NYSE:BCH) last issued its quarterly earnings data on Monday, May 8th. The bank reported $1.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 18.89% and a net margin of 24.00%.

Several analysts have weighed in on the stock. BidaskClub raised shares of Banco De Chile from a “buy” rating to a “strong-buy” rating in a research note on Thursday, July 13th. Zacks Investment Research raised shares of Banco De Chile from a “hold” rating to a “buy” rating and set a $81.00 price objective on the stock in a research note on Wednesday, March 22nd. Finally, Credit Suisse Group set a $76.00 price objective on shares of Banco De Chile and gave the stock a “hold” rating in a research note on Saturday, July 1st. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $81.00.

Shares of Banco De Chile (NYSE:BCH) traded down 0.12% during trading on Wednesday, hitting $86.64. The stock had a trading volume of 15,408 shares. The stock’s 50-day moving average price is $79.27 and its 200 day moving average price is $74.71. The stock has a market cap of $14.10 billion, a price-to-earnings ratio of 16.04 and a beta of 0.38. Banco De Chile has a one year low of $64.66 and a one year high of $87.12.

A number of hedge funds have recently modified their holdings of the company. Nordea Investment Management AB bought a new stake in Banco De Chile during the first quarter valued at approximately $114,000. Parallel Advisors LLC boosted its stake in Banco De Chile by 3.4% in the first quarter. Parallel Advisors LLC now owns 1,839 shares of the bank’s stock valued at $135,000 after buying an additional 60 shares during the period. Global X Management Co. LLC boosted its stake in Banco De Chile by 27.9% in the first quarter. Global X Management Co. LLC now owns 1,931 shares of the bank’s stock valued at $139,000 after buying an additional 421 shares during the period. Wexford Capital LP bought a new stake in Banco De Chile during the first quarter valued at approximately $209,000. Finally, Two Sigma Securities LLC bought a new stake in Banco De Chile during the first quarter valued at approximately $235,000. 1.86% of the stock is currently owned by hedge funds and other institutional investors.

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