Itau Unibanco Holding SA expected to post earnings of 19 cents a share - Earnings Preview

Reuters11-02
Itau Unibanco Holding SA <itub.n> expected to post earnings of 19 cents a share - Earnings Preview </itub.n>
  • Itau Unibanco Holding SA ITUB.N, ITUB.K is expected to show a fall in quarterly revenue when it reports results on November 4 for the period ending January 1 0001

  • The Sao Paulo-based company is expected to report a 3.3% decrease in revenue to $7.824 billion from $8.09 billion a year ago, according to the estimate from one analyst, based on LSEG data. (SAL represents Total Revenue)

  • ​LSEG's mean analyst estimate for Itau Unibanco Holding SA is for earnings of 19 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Itau Unibanco Holding SA is $7.40​, above​ its last closing price of $6.05. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

0.19

0.19

0.20

Beat

4.2

Jan. 1 2024

0.20

0.20

0.20

Met

1

Dec. 31 2023

0.19

0.19

0.19

Met

3.5​

Sep. 30 2023

0.19

0.19

0.19

Met

-1.1

​​Jun. 30 2023

0.18

0.17

0.18

Beat

3.4

Mar. 31 2023

0.17

0.17

0.17

Met

-0.8​

Dec. 31 2022

0.16

0.16

0.15

Missed

-7.4

Jan. 1 0001

0.16

0.16

0.16

Met

-0.3

This summary was machine generated November 1 at 19:14 GMT. All figures in US dollars 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)

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