Investing.com - Banco De Chile reported on Friday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Banco De Chile announced earnings per share of 0.23 on revenue of 586.32M. Analysts polled by Investing.com anticipated EPS of 0.23 on revenue of 601.09M.
Banco De Chile shares are up 2.32% from the beginning of the year and are trading at 17.31 , down-from-52-week-high.They are under-performing the Nasdaq which is up 31.94% from the start of the year.
Banco De Chile shares gained 2.12% in intra-day trade the report.
Banco De Chile follows other major Financial sector earnings this month
Banco De Chile's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of 3.51 on revenue of 65.12B, compared to forecasts EPS of 3.11 on revenue of 63.79B.
JPMorgan had beat expectations on October 13 with third quarter EPS of 2.92 on revenue of 29.94B, compared to forecast for EPS of 2.23 on revenue of 28.22B.
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