Banco BBVA Argentina (BBAR) Scheduled to Post Earnings on Wednesday

Banco BBVA Argentina (NYSE:BBAR) is scheduled to release its earnings data after the market closes on Wednesday, November 20th. Analysts expect Banco BBVA Argentina to post earnings of $0.45 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Banco BBVA Argentina (NYSE:BBAR) last announced its quarterly earnings data on Wednesday, August 21st. The bank reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.35. Banco BBVA Argentina had a return on equity of 9.98% and a net margin of 4.23%. The business had revenue of $892.11 million for the quarter, compared to analyst estimates of $599.49 million. On average, analysts expect Banco BBVA Argentina to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Banco BBVA Argentina Trading Up 8.8 %

Banco BBVA Argentina stock opened at $17.68 on Tuesday. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 11.41 and a beta of 1.47. Banco BBVA Argentina has a 52 week low of $4.24 and a 52 week high of $18.06. The stock has a 50-day moving average price of $12.58 and a 200 day moving average price of $10.81. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.01.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Banco BBVA Argentina from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th.

About Banco BBVA Argentina

Banco BBVA Argentina SA provides various banking products and services to individuals and companies in Argentina. The company provides retail banking products and services, such as checking and savings accounts, time deposits, credit cards financing, consumer and pledge loans, mortgages, insurance, and investment products to individuals; and small and medium-sized companies products and services, including financing products, factoring, checking accounts, time deposits, transactional and payroll services, insurance, and investment products to private-sector companies.