Banco De Chile Q3 EPS $0.58 Down From $0.69 YoY, Sales $766.30M Miss $805.73M Estimate
Portfolio Pulse from Benzinga Newsdesk
Banco De Chile (NYSE:BCH) reported Q3 earnings of $0.58 per share, a decrease of 15.94% YoY. The company also reported quarterly sales of $766.30 million, missing the analyst consensus estimate of $806.76 million by 5.02%. This represents a 4.51% decrease in sales compared to the same period last year.
October 30, 2023 | 9:21 pm
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Banco De Chile's Q3 earnings and sales missed estimates, which could negatively impact the stock price in the short term.
Banco De Chile's earnings and sales for Q3 have both decreased compared to the same period last year and missed analyst estimates. This could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100