Banco Latinoamericano de Comercio Exterior SA (BLX) Set to Announce Earnings on Thursday

Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX) will post its Q316 quarterly earnings results on Thursday, October 20th. Analysts expect Banco Latinoamericano de Comercio Exterior SA to post earnings of ($0.10) per share and revenue of $48.71 million for the quarter.

Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX) last announced its quarterly earnings data on Tuesday, July 26th. The company reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.69 by $0.12. Banco Latinoamericano de Comercio Exterior SA had a net margin of 39.90% and a return on equity of 10.49%. On average, analysts expect Banco Latinoamericano de Comercio Exterior SA to post $2.77 EPS for the current fiscal year and $3.06 EPS for the next fiscal year.

Earnings History for Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX)

Shares of Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX) opened at 28.21 on Tuesday. The company’s 50-day moving average is $28.42 and its 200-day moving average is $26.94. The company has a market cap of $1.10 billion, a price-to-earnings ratio of 10.38 and a beta of 1.52. Banco Latinoamericano de Comercio Exterior SA has a one year low of $19.63 and a one year high of $29.35.

Separately, Zacks Investment Research upgraded shares of Banco Latinoamericano de Comercio Exterior SA from a “sell” rating to a “hold” rating in a research report on Monday, August 29th.

An institutional investor recently raised its position in Banco Latinoamericano de Comercio Exterior SA stock. Parametric Portfolio Associates LLC raised its position in shares of Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX) by 2.9% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 79,369 shares of the company’s stock after buying an additional 2,226 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.20% of Banco Latinoamericano de Comercio Exterior SA worth $2,103,000 as of its most recent SEC filing. Institutional investors own 17.59% of the company’s stock.

Banco Latinoamericano de Comercio Exterior SA Company Profile

Banco Latinoamericano de Comercio Exterior, SA (Bladex Head Office) is a specialized supranational bank. The Company operates in two segments: Commercial and Treasury. The Commercial segment portfolio includes book value of loans, selected deposits placed, acceptances and contingencies. The Treasury segment incorporates deposits in banks and all of the Bank’s trading assets, securities available-for-sale and held-to-maturity, and the balance of the investment funds.

5 Day Chart for NYSE:BLX

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