Popular Inc reports results for the quarter ended in June - Earnings Summary

Popular

28/07/2022 15:22

* Popular Inc  BPOP.OQ  reported quarterly adjusted earnings
of
$2.77​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
$2.83 per share.
    * Revenue rose 9.4% to $533.86 million from a year ago;
analysts
expected $548.18 million. 
    * Popular Inc's reported EPS for the quarter was $2.77​.
    * The mean earnings estimate of analysts had risen by
about 11.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Popular Inc shares had risen by 4.1% this quarter and
lost 2.4%
so far this year.
    * The company reported quarterly net income of $211.07
million.
    * Wall Street's median 12-month price target for Popular Inc
is
$107.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 02:22 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      2.83           2.77           Missed
 Mar. 31 2022      2.30           2.69           Beat
 Dec. 31 2021      2.24           2.58           Beat
 Sep. 30 2021      2.24           3.09           Beat