Popular Inc expected to post earnings of $2.12 a share - Earnings Preview

Popular

22/07/2024 17:27

* Popular Inc  BPOP.OQ   BPOP.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 24 for the
period ending June 30 2024
    * The San Juan Puerto Rico-based   company is expected to
report a
10.7% increase in revenue to $588.296 million from $531.67
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (Sales/ Revenue majority basis is
on net interest income)
    * ​LSEG's mean analyst estimate for Popular Inc is for
earnings of
$2.12 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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
$106.50​, above​ its last closing price of $99.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.89        1.86       1.88      Beat    1
 Dec. 31 2024              1.61       1.95      Beat    20.9
 Jan. 1 0001               1.85       1.90      Beat    2.7​
 Jun. 30 2023  1.82        1.81       2.10      Beat    16
 ​​Mar.        2.04        2.03       2.22      Beat    9.1
 31 2023                                                
 Dec. 31 2022  2.65        2.62       3.56      Beat    36​
 Sep. 30 2022  2.73        2.71       5.70      Beat    110
 Jun. 30 2022  2.92        2.83       2.77      Missed  -2.2
 This summary was machine generated July 22 at 16:27 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)