-+ 0.00%
-+ 0.00%
-+ 0.00%
Credicorp: Q3 Earnings Snapshot
Share
Listen to the news

LA MOLINA, Bermuda (AP) — LA MOLINA, Bermuda (AP) — Credicorp Ltd. (BAP) on Monday reported third-quarter profit of $570.8 million.

The bank, based in La Molina, Bermuda, said it had earnings of $7.19 per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $7.51 per share.

The Peruvian finance company posted revenue of $2.25 billion in the period. Its revenue net of interest expense was $1.84 billion, meeting Street forecasts.

Credicorp shares have climbed 24% since the beginning of the year. In the final minutes of trading on Monday, shares hit $355.90, a climb of 37% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BAP at https://www.zacks.com/ap/BAP

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending