Investing.com - Banco De Chile (NYSE:BCH) reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Banco De Chile announced earnings per share of $0.28 on revenue of $645.71M. Analysts polled by Investing.com anticipated EPS of $0.29 on revenue of $656.02M.
Banco De Chile shares are down 14.72% from the beginning of the year, still down 39.79% from its 52 week high of $29.73 set on August 19, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
Banco De Chile shares lost 1.10% in intra-day trade following the report.
Banco De Chile follows other major Financial sector earnings this month
Banco De Chile's report follows an earnings beat by Mastercard on July 30, who reported EPS of $1.36 on revenue of $3.34B, compared to forecasts EPS of $1.17 on revenue of $3.25B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar