Credicorp (BAP) to Release Earnings on Monday

Credicorp (NYSE:BAP - Get Free Report) is expected to post its quarterly earnings results after the market closes on Monday, February 10th. Analysts expect Credicorp to post earnings of $4.42 per share and revenue of $1.45 billion for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Credicorp (NYSE:BAP - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The bank reported $5.08 EPS for the quarter, topping analysts' consensus estimates of $4.67 by $0.41. The company had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.36 billion. Credicorp had a net margin of 20.11% and a return on equity of 15.59%. During the same quarter in the prior year, the firm earned $4.23 EPS. On average, analysts expect Credicorp to post $19 EPS for the current fiscal year and $22 EPS for the next fiscal year.

Credicorp Stock Performance

Shares of NYSE:BAP traded up $5.02 during midday trading on Thursday, hitting $192.47. The stock had a trading volume of 274,519 shares, compared to its average volume of 256,580. The company has a market capitalization of $15.31 billion, a PE ratio of 11.04, a P/E/G ratio of 0.49 and a beta of 1.12. Credicorp has a 1 year low of $149.27 and a 1 year high of $200.00. The stock has a 50 day moving average price of $185.22 and a two-hundred day moving average price of $180.97. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.66.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on BAP shares. JPMorgan Chase & Co. boosted their target price on Credicorp from $200.00 to $219.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 12th. Bank of America lowered Credicorp from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $209.00 to $208.00 in a report on Monday, December 16th.

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.