BanColombia Q2 2024 GAAP EPS $1.44 Misses $1.45 Estimate, Sales $1.323B Miss $1.729B Estimate
Portfolio Pulse from Benzinga Newsdesk
BanColombia (NYSE:CIB) reported Q2 2024 GAAP EPS of $1.44, missing the $1.45 estimate. Sales were $1.323B, missing the $1.729B estimate but up 15.24% YoY.
August 09, 2024 | 5:18 am
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BanColombia (NYSE:CIB) reported Q2 2024 GAAP EPS of $1.44, missing the $1.45 estimate. Sales were $1.323B, missing the $1.729B estimate but up 15.24% YoY.
BanColombia's earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. However, the YoY sales increase may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100