Banco Latinoamericano De Comercio Exterior SA Earnings Preview: Get Ahead of the Analysts
Banco Latinoamericano De Comercio Exterior S.a (NYSE:BLX) will report earnings before markets open on Friday, July 19th. Banco Latinoamericano de Comercio Exterior SA is a specialized multinational bank established to finance the foreign trade of the countries in the Latin American and Caribbean region. The Bank focuses on short-term trade-related loans to borrowers who then loan the funds to various businesses and government institutions involved in foreign trade.
Here is your Cheat Sheet to Banco Latinoamericano De Comercio Exterior SA Earnings:
Earnings Expectations: Analysts expect earnings of $0.62 per share on revenues of $32.55 million. Currently, the company’s P/E ratio stands at 12.38.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.71 to a profit $0.68. For the current year, the average estimate is a profit of $2.47, which is worse than the estimate ninety days ago.
Here’s how Banco Latinoamericano De Comercio Exterior S.a has been performing on an annual basis:
|Revenue ($) in millions||243||190||136||197||229|
|Diluted EPS ($)||1.51||1.50||1.15||2.25||2.46|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||60.60||49.57||58.33||49.99|
|Diluted EPS ($)||0.61||0.34||0.64||0.43|
Banco Latinoamericano De Comercio Exterior S.a has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)