Credicorp Ltd reports results for the quarter ended March 31 - Earnings Summary

• Credicorp Ltd BAP reported quarterly adjusted earnings of S/.22.36​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of S/.18.99. The mean expectation of six analysts for the quarter was for earnings of S/.19.93 per share. Wall Street expected results to range from S/.19.40 to S/.21.04 per share.

• Revenue fell 0.6% to S/.4.89 billion from a year ago; analysts expected S/.5.54 billion.

• Credicorp Ltd's reported EPS for the quarter was S/.22.36​.

• The company reported quarterly net income of S/.1.78 billion.

• Credicorp Ltd shares had risen by 12.0% this quarter and gained 13.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

• Wall Street's median 12-month price target for Credicorp Ltd is $210.00

This summary was machine generated from LSEG data May 16 at 11:36 a.m. UTC. ​All figures in soles unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)