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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Banco Latinoamericano De Comercio Exterior S.a has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]