Banco Santander Chile Q3 2024 GAAP EPS $0.58 Misses $0.77 Estimate, Sales $593.731M Miss $723.806M Estimate
Portfolio Pulse from Benzinga Newsdesk
Banco Santander Chile reported Q3 2024 earnings per share of $0.58, missing the analyst estimate of $0.77. Sales were $593.731 million, below the expected $723.806 million, but up 57.70% from last year.
October 30, 2024 | 11:45 am
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Banco Santander Chile's Q3 2024 earnings and sales missed analyst estimates, with EPS at $0.58 versus $0.77 expected, and sales at $593.731M versus $723.806M expected.
The significant miss on both EPS and sales compared to analyst estimates is likely to negatively impact BSAC's stock price in the short term. Despite a year-over-year sales increase, the market often reacts to performance against expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100