Credicorp Ltd. (NYSE:BAP) is reporting third quarter financial results on Thursday 5th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, BAP is expected to report 3Q20 income of $ 0.98 per share from revenue of $ 969.71 million.
For the full year, analysts anticipate top line of $ 3821.51 million, while looking forward to income of $ 2.34 per share bottom line.
Previous Quarter Performance
Credicorp Ltd. reported loss for the second quarter of $ 2.18 per share, from the revenue of $ 549.12 million. The consensus estimates are income of $ 2.18 per share from $ 1000.00 million in revenue. The bottom line results missed street analysts by $ 4.36 or 200 percent, at the same time, top line results fell short of analysts by $ 450.88 million or 45.09 percent.
Stock Performance
Shares of Credicorp Ltd. traded low $ -0.88 or -0.73 percent on Wednesday, reaching $ 118.86 with volume of 626.90 thousand shares. Credicorp Ltd. has traded high as $ 122.06 and has cracked $ 118.09 on the downward trend
The closing price of $ 118.86, representing a 7.49 % increase from the 52 week low of $ 111.40 and a 45.63 % decrease over the 52 week high of $ 220.25.
The company has a market capital of $ 9.44 billion and is part of the Financial Services sector and Banks – Regional – Latin America industry.
Credicorp Ltd., a financial services holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Wealth Management segments. The company offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities.