Banco BBVA Argentina Q2 EPS $0.64 Down From $0.67 YoY, Sales $806.02M Up From $461.80M YoY
Portfolio Pulse from Happy Mohamed
Banco BBVA Argentina (NYSE:BBAR) reported Q2 earnings of $0.64 per share, a 4.48% decrease YoY. However, the company's sales increased by 74.54% to $806.02 million compared to the same period last year.
August 23, 2023 | 8:46 pm
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NEUTRAL IMPACT
Banco BBVA Argentina's Q2 earnings per share decreased by 4.48% YoY, but sales increased by 74.54%.
While the decrease in earnings per share might negatively impact the stock, the significant increase in sales could offset this effect, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100