Banco De Chile Q3 2024 GAAP EPS $0.64 Misses $0.69 Estimate, Sales $802.900M Beat $796.394M Estimate
Portfolio Pulse from Benzinga Newsdesk
Banco De Chile reported Q3 2024 earnings with a GAAP EPS of $0.64, missing the consensus estimate of $0.69. However, sales were $802.9M, surpassing the expected $796.394M and showing a 4.78% increase from the previous year.
October 29, 2024 | 11:53 am
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NEUTRAL IMPACT
Banco De Chile's Q3 2024 earnings per share missed expectations, but sales exceeded forecasts and increased year-over-year.
The miss on EPS could negatively impact investor sentiment, but the beat on sales and year-over-year growth may offset this. The mixed results suggest a neutral short-term impact on BCH's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100