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Credicorp is expected to report quarterly earnings of $7.26 per share on revenue of $1.75 billion when it releases results after the market close on May 14. The Lima, Peru-based company reported earnings of $6.06 per share on revenue of $1.52 billion in the year-ago quarter.
riotimesonline.comCredicorp is scheduled to release first-quarter earnings after the market close on May 14. Analysts expect the Lima, Peru-based company to report quarterly earnings of $7.26 per share. That compares with $6.06 per share in the year-ago period.
The consensus estimate for quarterly revenue stands at $1.75 billion, up from $1.52 billion last year. The company announced planned executive leadership succession across its microfinance, finance and audit units on May 13. The moves come one day before the earnings report.
Credicorp shares fell 1.9 percent on Wednesday to close at $317.68. Results are also expected to reflect trends in microfinance lending activity following changes in regional economic conditions.
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