Itau Unibanco Banco Holding SA (NYSE:ITUB) is reporting third quarter earnings results on Tuesday 3rd November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.09 per share.
For the full year, analysts predict revenues of $ 22103.90 million, while looking forward to income of $ 0.37 per share.
Previous Quarter Performance
Itau Unibanco Banco Holding SA unfold income for the second quarter of $ 0.03 per share, from the revenue of $ 4,374.00 million. The quarterly earnings shrunk 82.35 percent while revenues declined 41.25 percent compared with the same quarter last year.
Wall street analysts are predicting, ITUB to report 2Q20 income of $ 0.09 per share from revenue of $ 5488.01 million. The bottom line results missed street analysts by $ 0.06 or 66.67 percent, at the same time, top line results fell short of analysts by $ 1 million or 20.3 percent.
Stock Performance
Shares of Itau Unibanco Banco Holding SA traded up $ 0.01 or 0.31 percent on Monday, reaching $ 4.10 with volume of 11.49 million shares. Itau Unibanco Banco Holding SA has traded high as $ 4.15 and has cracked $ 4.06 on the downward trend
The closing price of $ 4.10, representing a 17.53 % increase from the 52 week low of $ 3.48 and a 56.49 % decrease over the 52 week high of $ 9.40.
The company has a market capital of $ 38.28 billion and is part of the Financial Services sector and Banks – Regional – Latin America industry.
Itaú Unibanco Holding S.A. provides a range of financial products and services to individuals and corporate clients in Brazil and internationally. It operates in three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation.
