Credicorp (BAP) to Release Earnings on Thursday

Credicorp (NYSE:BAP) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, May 9th. Analysts expect Credicorp to post earnings of $4.24 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

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

Credicorp Trading Down 0.0 %

Shares of NYSE BAP opened at $169.73 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.01 and a current ratio of 1.01. Credicorp has a 52-week low of $116.42 and a 52-week high of $179.53. The firm has a 50 day moving average price of $169.64 and a two-hundred day moving average price of $151.69. The stock has a market cap of $13.50 billion, a P/E ratio of 10.85, a price-to-earnings-growth ratio of 0.57 and a beta of 1.12.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. upped their price target on shares of Credicorp from $190.00 to $194.00 and gave the company an “overweight” rating in a research report on Thursday, February 29th. UBS Group decreased their price objective on shares of Credicorp from $192.00 to $190.00 and set a “buy” rating for the company in a research report on Monday, February 5th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Credicorp currently has an average rating of “Moderate Buy” and a consensus target price 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.