Banco Do Brasil (BDORY) Expected to Announce Quarterly Earnings on Thursday

Banco Do Brasil (OTCMKTS:BDORY) is expected to announce its results before the market opens on Thursday, February 19th. Analysts expect the company to announce earnings of $0.16 per share for the quarter.

Banco Do Brasil (OTCMKTS:BDORY) last announced its quarterly earnings data on Wednesday, February 11th. The financial services provider reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. Banco Do Brasil had a net margin of 3.75% and a return on equity of 12.73%.

Banco Do Brasil Price Performance

Shares of OTCMKTS:BDORY opened at $4.83 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.97. The stock has a market cap of $27.68 billion, a PE ratio of 12.38 and a beta of 0.39. The company’s fifty day moving average is $4.25 and its 200 day moving average is $4.08. Banco Do Brasil has a 52 week low of $3.35 and a 52 week high of $5.51.

Analysts Set New Price Targets

BDORY has been the topic of several analyst reports. Zacks Research upgraded Banco Do Brasil from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. Citigroup lowered Banco Do Brasil from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Banco Do Brasil Company Profile

Banco do Brasil SA is one of Brazil’s largest and oldest financial institutions, founded in 1808. As a state-controlled commercial bank with a long history in the country’s financial system, it provides a broad range of universal banking services to individual, corporate and public-sector clients. The bank’s activities include retail banking, corporate and commercial lending, asset management, investment banking, treasury and capital markets operations, trade finance and international banking services.

Banco do Brasil offers a full suite of products such as deposit accounts, payment and cash management services, mortgages and consumer credit, credit cards, leasing and structured finance, as well as insurance and pension products through affiliated businesses.