Credicorp (BAP) Scheduled to Post Earnings on Thursday

Credicorp (NYSE:BAP) is set to release 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. Investors that wish to register for the company’s 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 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 firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations 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 Stock Up 0.7 %

NYSE:BAP opened at $169.74 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.01 and a quick ratio of 1.01. Credicorp has a 1-year low of $116.42 and a 1-year high of $179.53. The company has a 50-day moving average of $169.66 and a 200 day moving average of $151.36. The firm has a market cap of $13.50 billion, a PE ratio of 10.85, a price-to-earnings-growth ratio of 0.57 and a beta of 1.12.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on BAP. UBS Group lowered their price target 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. JPMorgan Chase & Co. upped their target price on Credicorp from $190.00 to $194.00 and gave the stock an “overweight” rating in a report on Thursday, February 29th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently 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.