Investing.com - Banco De Chile reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Banco De Chile announced earnings per share of 0.6718 on revenue of 796.4M. Analysts polled by Investing.com anticipated EPS of 0.6173 on revenue of 804.64M.
Banco De Chile shares are up 24.89% from the beginning of the year and are trading at 19.62 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Banco De Chile follows other major Financial sector earnings this month
Banco De Chile's report follows an earnings beat by Berkshire Hathaway A on Monday, who reported EPS of 4774.01 on revenue of 70.81B, compared to forecasts EPS of 4,309.9 on revenue of 70.19B.
JPMorgan had missed expectations on April 13 with first quarter EPS of 2.63 on revenue of 30.72B, compared to forecast for EPS of 2.7 on revenue of 30.66B.
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