Banco Santander Q4 EPS $0.18 Misses $0.19 Estimate, Sales $15.66B Up From $13.80B YoY
Portfolio Pulse from bharat@benzinga.com
Banco Santander reported Q4 earnings of $0.18 per share, missing the consensus estimate of $0.19 by 5.26%. Year-over-year, earnings rose 38.46% from $0.13 per share. Quarterly sales were $15.66B, a 13.48% increase from $13.80B in the same period last year.
January 31, 2024 | 11:10 am
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Banco Santander's Q4 EPS of $0.18 missed estimates by 5.26%, but showed a significant increase in sales compared to last year.
While the EPS miss might negatively impact investor sentiment in the short term, the substantial increase in year-over-year sales could offset this effect. Investors may view the sales growth as a positive sign of the company's performance and future potential.
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