Popular Inc (BPOP, Financial) is set to release its Q3 2024 earnings on Oct 23, 2024. The consensus estimate for Q3 2024 revenue is $600.63 million, and the earnings are expected to come in at $2.29 per share. The full year 2024's revenue is expected to be $2.33 billion and the earnings are expected to be $8.46 per share. More detailed estimate data can be found on the Forecast page.
Popular Inc (BPOP, Financial) Estimates Trends
The revenue estimates for Popular Inc (BPOP) have seen a decline over the past 90 days, with the full year 2024 forecast decreasing from $2.41 billion to $2.33 billion and the 2025 forecast from $2.67 billion to $2.57 billion. Conversely, the earnings estimates have shown a mixed trend; for the full year 2024, estimates increased from $8.30 per share to $8.46 per share, while for 2025, they declined from $11.04 per share to $10.69 per share.
Popular Inc (BPOP, Financial) Reported History
In the previous quarter of June 30, 2024, Popular Inc's (BPOP) actual revenue was $568.31 million, which missed analysts' revenue expectations of $588.30 million by -3.4%. Popular Inc's (BPOP) actual earnings were $2.46 per share, which beat analysts' earnings expectations of $2.10 per share by 16.92%. After releasing the results, Popular Inc (BPOP) was down by -3.49% in one day.
Popular Inc (BPOP, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 9 analysts, the average target price for Popular Inc (BPOP) is $114.11 with a high estimate of $123 and a low estimate of $102. The average target implies an upside of 16.33% from the current price of $98.09.
Based on GuruFocus estimates, the estimated GF Value for Popular Inc (BPOP, Financial) in one year is $81, suggesting a downside of -17.42% from the current price of $98.09.
Based on the consensus recommendation from 9 brokerage firms, Popular Inc's (BPOP, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
