Investing.com - Banco De Chile reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Banco De Chile announced earnings per share of 0.6871 on revenue of 861.05M. Analysts polled by Investing.com anticipated EPS of 0.4831 on revenue of 774.35M.
Banco De Chile shares are up 24.63% from the beginning of the year and are trading at 19.58 , 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 JPMorgan on January 14, who reported EPS of 3.33 on revenue of 29.26B, compared to forecasts EPS of 3.01 on revenue of 29.78B.
Bank of America had beat expectations on January 19 with fourth quarter EPS of 0.82 on revenue of 22.06B, compared to forecast for EPS of 0.7652 on revenue of 22.18B.
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