Banco De Chile (NYSE:BCH) is set to give its latest quarterly earnings report on Tuesday, 2024-10-29. Here's what investors need to know before the announcement.
Analysts estimate that Banco De Chile will report an earnings per share (EPS) of $0.63.
Anticipation surrounds Banco De Chile's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings Track Record
Last quarter the company beat EPS by $0.03, which was followed by a 1.61% increase in the share price the next day.
Here's a look at Banco De Chile's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.65 | 0.58 | 0.71 | 0.67 |
| EPS Actual | 0.68 | 0.66 | 0.87 | 0.58 |
| Price Change % | 2.0% | -0.0% | 1.0% | 3.0% |
Market Performance of Banco De Chile's Stock
Shares of Banco De Chile were trading at $24.49 as of October 25. Over the last 52-week period, shares are up 20.51%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Banco De Chile visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
