What To Expect From Banco De Chile (XSGO:CHILE) Q3 2024 Earnings

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Oct 28, 2024
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Banco De Chile (XSGO:CHILE, Financial) is set to release its Q3 2024 earnings on Oct 29, 2024. The consensus estimate for Q3 2024 revenue is $720.92 million, and the earnings are expected to come in at $3.01 per share. The full year 2024's revenue is expected to be $3.02 billion and the earnings are expected to be $11.03 per share. More detailed estimate data can be found on the Forecast page.

Banco De Chile (XSGO:CHILE, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Banco De Chile (XSGO:CHILE) for the full year 2024 have increased from $2.93 billion to $3.02 billion, and for 2025 from $3.01 billion to $3.07 billion. Earnings estimates have also risen, from $10.53 per share to $11.03 per share for the full year 2024, and from $10.52 per share to $10.69 per share for 2025.

Banco De Chile (XSGO:CHILE, Financial) Reported History

In the previous quarter of 2024-06-30, Banco De Chile's (XSGO:CHILE) actual revenue was $763.78 million, which beat analysts' revenue expectations of $745.97 million by 2.39%. Banco De Chile's (XSGO:CHILE) actual earnings were $3.01 per share, which beat analysts' earnings expectations of $2.99 per share by 0.67%. After releasing the results, Banco De Chile (XSGO:CHILE) was down by -0.45% in one day.

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Banco De Chile (XSGO:CHILE, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 9 analysts, the average target price for Banco De Chile (XSGO:CHILE) is $122.36 with a high estimate of $135 and a low estimate of $110. The average target implies an upside of 5.27% from the current price of $116.23.

Based on GuruFocus estimates, the estimated GF Value for Banco De Chile (XSGO:CHILE, Financial) in one year is $105.3, suggesting a downside of -9.4% from the current price of $116.23.

Based on the consensus recommendation from 10 brokerage firms, Banco De Chile's (XSGO:CHILE, Financial) average brokerage recommendation is currently 2.8, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.