Banco Santander Earnings Preview
Portfolio Pulse from Benzinga Insights
Banco Santander (NYSE:SAN) is expected to release its quarterly earnings report on January 31, 2024, with an estimated EPS of $0.19. Investors are looking for an earnings beat and positive guidance for future growth. Historically, the company's stock price has been sensitive to earnings performance and guidance. Last quarter, SAN beat the EPS estimate by $0.02, resulting in a 1.11% stock price increase the following day. Over the past year, SAN shares have risen by 11.97%, trading at $3.86 as of January 29.
January 30, 2024 | 2:00 pm
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Banco Santander is anticipated to report quarterly earnings with an EPS estimate of $0.19. Positive earnings and guidance could influence the stock price, as seen in the past.
Given the historical sensitivity of SAN's stock price to earnings performance and guidance, a positive report exceeding the $0.19 EPS estimate could lead to a short-term price increase. The past trend shows a correlation between earnings beats and stock price movements.
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IMPORTANCE 80
RELEVANCE 100