Popular Inc expected to post earnings of $1.85 a share - Earnings Preview

Popular

24/10/2023 19:32

* Popular Inc  BPOP.OQ   BPOP.O  is expected to show a fall
in
quarterly revenue when it reports  results 
    * The San Juan Puerto Rico-based   company is expected to
report 
a 24.8% decrease in revenue to $536.527 million from $713.75
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Popular Inc is for
earnings of $1.85 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Popular Inc
is
$75​, above​ its last closing price of $60.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.82        1.81       2.10      Beat    16
 Mar. 31 2023  2.04        2.03       2.22      Beat    9.1
 Dec. 31 2022  2.65        2.62       3.56      Beat    36​
 Sep. 30 2022  2.73        2.71       5.70      Beat    110
 ​​Jun.        2.92        2.83       2.77      Missed  -2.2
 30 2022                                                
 Mar. 31 2022  2.28        2.30       2.69      Beat    17.1​
 Dec. 31 2021  2.30        2.24       2.58      Beat    15.4
 Sep. 30 2021  2.28        2.24       3.09      Beat    37.9
 This summary was machine generated October 24 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated