Banco Latinoamericano Q2 GAAP EPS $1.36 Up From $1.02 YoY, Sales $75.00M Up From $57.40M YoY
Portfolio Pulse from Benzinga Newsdesk
Banco Latinoamericano (NYSE:BLX) reported a significant increase in its Q2 earnings and sales. The company's GAAP EPS rose to $1.36 from $1.02 YoY, and sales increased to $75.00M from $57.40M YoY.
July 23, 2024 | 10:08 pm
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Banco Latinoamericano (NYSE:BLX) reported a 33.33% increase in Q2 GAAP EPS to $1.36 and a 30.66% increase in sales to $75.00M YoY.
The significant YoY increase in both EPS and sales indicates strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100