Banco Latinoamericano de Comerci Extr (BLX) Scheduled to Post Quarterly Earnings on Friday

Banco Latinoamericano de Comerci Extr (NYSE:BLX) will be issuing its quarterly earnings data before the market opens on Friday, July 19th. Analysts expect the company to announce earnings of $0.55 per share for the quarter.

Banco Latinoamericano de Comerci Extr (NYSE:BLX) last issued its quarterly earnings data on Wednesday, April 17th. The bank reported $0.54 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.03. Banco Latinoamericano de Comerci Extr had a net margin of 6.15% and a return on equity of 7.27%. The company had revenue of $32.07 million for the quarter, compared to the consensus estimate of $36.60 million. On average, analysts expect Banco Latinoamericano de Comerci Extr to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Banco Latinoamericano de Comerci Extr stock opened at $20.54 on Friday. Banco Latinoamericano de Comerci Extr has a 1 year low of $15.31 and a 1 year high of $24.79. The stock has a market cap of $823.97 million, a P/E ratio of 73.36 and a beta of 1.29. The stock’s fifty day simple moving average is $20.47.

BLX has been the topic of several research reports. Zacks Investment Research raised shares of GCP Applied Technologies from a “sell” rating to a “hold” rating in a research report on Friday, May 31st. Raymond James reaffirmed an “average” rating and issued a $4.50 target price on shares of John Hancock Financial Opprts Fund in a report on Thursday, May 9th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $22.80.

About Banco Latinoamericano de Comerci Extr

Banco Latinoamericano de Comercio Exterior, SA, a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates through two segments, Commercial and Treasury. It offers short and medium-term bilateral, structured and syndicated credits, and loan commitments; letter of credit contingencies, such as issued and confirmed letters of credit, and stand-by letters of credit; and guarantees covering commercial risk and other assets.

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Earnings History for Banco Latinoamericano de Comerci Extr (NYSE:BLX)

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