Investing.com - Banco De Chile (NYSE:BCH) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Banco De Chile announced earnings per share of 0.338 on revenue of 662.69M. Analysts polled by Investing.com anticipated EPS of 0.3112 on revenue of 670.91M.
Banco De Chile shares are down 1.84% from the beginning of the year, still down 8.73% from its 52 week high of 22.33 set on January 15. They are under-performing 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 15, who reported EPS of 3.79 on revenue of 30.16B, compared to forecasts EPS of 2.62 on revenue of 28.67B.
Mastercard had beat expectations on January 28 with fourth quarter EPS of 1.64 on revenue of 4.12B, compared to forecast for EPS of 1.52 on revenue of 4B.
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