Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For Popular ($BPOP)

29

Popular (NASDAQ: BPOP) has announced that it will be unveiling its third quarter financial results on Wednesday 23rd October 2024. The disclosure is planned to occur before market open.

Financial experts on Wall Street anticipate that the company is set to announce an estimated $2.31 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $600.62 million for this specific period.

Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $2.33 billion. Additionally, they predict that the earnings per share for the company will hit profit of $8.46 by the end of the fiscal year.

The company's earnings report for the same quarter in the previous year revealed a per-share income of $1.9, attributed to the company's total revenue of $534.02 million.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $2.46 +17.1% 568.31 M +6.9%
Q1 2024 $1.88 -15.3% 550.74 M +3.6%
Q4 2023 $1.94 -26.0% 534.18 M -4.5%
Q3 2023 $1.90 -28.0% 534.02 M -7.9%
Q2 2023 $2.10 -24.2% 531.67 M -0.4%
*Growth on year-over-year basis

 

BPOP will host a conference call with investment community on 23rd October 2024 at 11:00 AM eastern time to discuss the financial results.

Popular (BPOP) shares traded as low as $98.02 and as high as $100.30 on a day volume of 416.30 thousand shares, closed Monday's regular trading session at $98.09, decrease of 2.71 percent.