Grupo Financiero Banorte (OTCMKTS:GBOOY - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $1.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $26.79 by ($25.47), Zacks reports. The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $40.28 billion.
Grupo Financiero Banorte Price Performance
Shares of GBOOY traded up $0.96 during midday trading on Friday, reaching $42.07. The stock had a trading volume of 17,492 shares, compared to its average volume of 48,420. The company's 50-day moving average is $36.73 and its 200 day moving average is $35.70. Grupo Financiero Banorte has a 12-month low of $30.00 and a 12-month high of $53.37.
Grupo Financiero Banorte Company Profile
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Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing.
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