BanColombia SA (BOG:PFBCOLOM) Q3 2024: Everything You Need To Know Ahead Of Earnings

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Nov 07, 2024
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BanColombia SA (BOG:PFBCOLOM, Financial) is set to release its Q3 2024 earnings on Nov 8, 2024. The consensus estimate for Q3 2024 revenue is $7.20 billion, and the earnings are expected to come in at $1,479.93 per share. The full year 2024's revenue is expected to be $27.79 billion and the earnings are expected to be $5,951.86 per share. More detailed estimate data can be found on the Forecast page.

BanColombia SA (BOG:PFBCOLOM, Financial) Estimates Trends

Over the past 90 days, revenue estimates for BanColombia SA (BOG:PFBCOLOM) for the full year 2024 have declined from $28.22 billion to $27.79 billion, and for 2025, the estimates have decreased from $28.96 billion to $28.77 billion. Earnings estimates, however, have shown an upward trend. For the full year 2024, earnings estimates have increased from $5,850.78 per share to $5,951.86 per share, and for 2025, they have risen from $6,060.38 per share to $6,173.57 per share.

BanColombia SA (BOG:PFBCOLOM, Financial) Reported History

In the previous quarter of 2024-06-30, BanColombia SA's (BOG:PFBCOLOM) actual revenue was $6.83 billion, which missed analysts' revenue expectations of $7.11 billion by -3.93%. BanColombia SA's (BOG:PFBCOLOM) actual earnings were $1,496.92 per share, which beat analysts' earnings expectations of $1,356.16 per share by 10.38%. After releasing the results, BanColombia SA (BOG:PFBCOLOM) was flat in one day.

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BanColombia SA (BOG:PFBCOLOM, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 5 analysts, the average target price for BanColombia SA (BOG:PFBCOLOM) is $37,000.80 with a high estimate of $40,500 and a low estimate of $32,000. The average target implies an upside of 3.07% from the current price of $35,900.

Based on GuruFocus estimates, the estimated GF Value for BanColombia SA (BOG:PFBCOLOM, Financial) in one year is $74,053.82, suggesting an upside of 106.28% from the current price of $35,900.

Based on the consensus recommendation from 6 brokerage firms, BanColombia SA's (BOG:PFBCOLOM, 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.