Movement Alert｜Itau Unibanco Holding SA Falls 3.06% in Regular Trading, Prior Rebound Fades Ahead of Quarterly Earnings

Market Focus10-28

On October 28, Itau Unibanco Holding SA fell 3.06% in Regular Trading, trading at $7.435 per share, with turnover of $41.3242 million.

The move came as the prior session's rebound gave back some ground while the market continued repositioning ahead of the company's November 3 quarterly earnings release.

Current consensus expectations point to quarterly revenue of $9.483 billion, up 9.71% year over year, adjusted EPS of $0.22, up 16.96%, and EBIT of $3.603 billion, up 12.91%. Recent market commentary has remained broadly positive, but the latest trading suggests investors are still re-pricing the stock before the report after a 3.31% rise in the previous session.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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