Itau Unibanco Holding Q2 2024 Adj EPS $0.20 Beats $0.19 Estimate, Sales $8.02B Beat $7.70B Estimate
Portfolio Pulse from Benzinga Newsdesk
Itau Unibanco Holding (NYSE:ITUB) reported Q2 2024 adjusted EPS of $0.20, beating the $0.19 estimate. Sales were $8.02 billion, surpassing the $7.70 billion estimate but down 1% from last year's $8.11 billion.
August 06, 2024 | 10:09 pm
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Itau Unibanco Holding reported Q2 2024 adjusted EPS of $0.20, beating the $0.19 estimate. Sales were $8.02 billion, surpassing the $7.70 billion estimate but down 1% from last year's $8.11 billion.
The company's earnings and sales both exceeded analyst expectations, which is generally positive for the stock. However, the slight year-over-year decline in sales may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100