Banco Santander (NYSE:BSBR) is gearing up to announce its quarterly earnings on Tuesday, 2024-10-29. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Banco Santander will report an earnings per share (EPS) of $0.17.
Anticipation surrounds Banco Santander'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.
Historical Earnings Performance
The company's EPS beat by $0.06 in the last quarter, leading to a 0.33% drop in the share price on the following day.
Here's a look at Banco Santander's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.16 | 0.14 | 0.14 | 0.15 |
| EPS Actual | 0.22 | 0.18 | 0.19 | 0.03 |
| Price Change % | -0.0% | 2.0% | -2.0% | 2.0% |
Performance of Banco Santander Shares
Shares of Banco Santander were trading at $5.0 as of October 25. Over the last 52-week period, shares are down 3.88%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Banco Santander visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
