Itau Unibanco Holding's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Itau Unibanco Holding (NYSE:ITUB) is scheduled to release its quarterly earnings report on February 5, 2024, with an estimated EPS of $0.19. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with the stock price fluctuating based on actual EPS outcomes and guidance. Shares have risen 36.55% over the last 52 weeks, indicating a generally positive outlook from long-term shareholders.
February 02, 2024 | 2:00 pm
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Itau Unibanco Holding is anticipated to report an EPS of $0.19 for the upcoming quarter. Historical performance and future guidance will be key factors influencing the stock price.
Given the historical performance where the stock price reacted positively to earnings that met or exceeded estimates, and considering the 36.55% increase over the last 52 weeks, there's a positive sentiment among investors. The anticipation of beating the EPS estimate and providing favorable future guidance could lead to a short-term increase in the stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100