Banco Latinoamericano Q2 EPS $1.02 Beats $0.86 Estimate, Sales $57.40M Beat $53.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Banco Latinoamericano (NYSE:BLX) reported Q2 earnings of $1.02 per share, beating the analyst consensus estimate of $0.86 by 18.6%. This is a 61.9% increase from the same period last year. The company also reported quarterly sales of $57.40 million, beating the analyst consensus estimate of $53.70 million by 6.89%. This is a 55.56% increase from the same period last year.

July 20, 2023 | 10:02 pm
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Banco Latinoamericano's Q2 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on its stock price.
Banco Latinoamericano reported strong Q2 earnings and sales, both exceeding analyst estimates. This indicates a strong financial performance, which is often a positive signal to investors and can lead to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100