Credicorp (BAP) Set to Announce Earnings on Thursday

Credicorp (NYSE:BAP) will be releasing its earnings data after the market closes on Thursday, May 9th. Analysts expect Credicorp to post earnings of $4.24 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Credicorp (NYSE:BAP) last posted its earnings results on Thursday, February 8th. The bank reported $2.80 EPS for the quarter, missing analysts’ consensus estimates of $2.82 by ($0.02). The firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Credicorp had a return on equity of 14.68% and a net margin of 20.17%. On average, analysts expect Credicorp to post $18 EPS for the current fiscal year and $21 EPS for the next fiscal year.

Credicorp Stock Down 0.5 %

BAP opened at $164.79 on Thursday. The business’s fifty day moving average is $169.81 and its two-hundred day moving average is $150.32. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market cap of $13.11 billion, a price-to-earnings ratio of 10.54, a PEG ratio of 0.57 and a beta of 1.13. Credicorp has a one year low of $116.42 and a one year high of $179.53.

Wall Street Analysts Forecast Growth

BAP has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their target price on Credicorp from $190.00 to $194.00 and gave the stock an “overweight” rating in a research report on Thursday, February 29th. UBS Group decreased their target price on Credicorp from $192.00 to $190.00 and set a “buy” rating on the stock in a research report on Monday, February 5th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $181.73.

About Credicorp

Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Equity Management segments. The Universal Banking segment grants various credits and financial instruments to individuals and legal entities; and various deposits and current accounts.