Credicorp Q2 EPS $4.54 Misses $4.67 Estimate, Sales $1.39B Beat $1.29B Estimate
Portfolio Pulse from Benzinga Newsdesk
Credicorp (NYSE:BAP) reported Q2 earnings per share (EPS) of $4.54, missing the analyst estimate of $4.67 by 2.78%. However, the company reported sales of $1.39 billion, beating the estimate of $1.29 billion by 7.36%.
August 09, 2024 | 5:20 am
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Credicorp's Q2 EPS of $4.54 missed estimates by 2.78%, but sales of $1.39 billion beat estimates by 7.36%.
The mixed results, with EPS missing but sales beating estimates, suggest a neutral short-term impact on the stock price. Investors may weigh the earnings miss against the strong sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100