Equities research analysts expect Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX) to post $0.56 earnings per share for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Banco Latinoamericano de Comercio Exterior,’s earnings. Banco Latinoamericano de Comercio Exterior, posted earnings per share of $0.71 in the same quarter last year, which indicates a negative year-over-year growth rate of 21.1%. The company is expected to report its next earnings report on Wednesday, October 18th.

On average, analysts expect that Banco Latinoamericano de Comercio Exterior, will report full year earnings of $2.19 per share for the current financial year. For the next financial year, analysts forecast that the firm will report earnings of $2.57 per share. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Banco Latinoamericano de Comercio Exterior,.

Banco Latinoamericano de Comercio Exterior, (NYSE:BLX) last announced its earnings results on Friday, July 21st. The bank reported $0.44 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.21). The company had revenue of $34.41 million for the quarter. Banco Latinoamericano de Comercio Exterior, had a return on equity of 8.09% and a net margin of 31.94%.

Several research firms recently weighed in on BLX. BidaskClub lowered shares of Banco Latinoamericano de Comercio Exterior, from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Zacks Investment Research upgraded shares of Banco Latinoamericano de Comercio Exterior, from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 25th. Finally, J P Morgan Chase & Co lowered shares of Banco Latinoamericano de Comercio Exterior, from a “neutral” rating to an “underweight” rating and reduced their price target for the company from $28.00 to $26.00 in a research report on Friday, July 21st. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $27.50.

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A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Paradice Investment Management LLC grew its position in Banco Latinoamericano de Comercio Exterior, by 4.3% during the second quarter. Paradice Investment Management LLC now owns 1,886,159 shares of the bank’s stock valued at $51,643,000 after buying an additional 77,600 shares during the period. LSV Asset Management grew its position in Banco Latinoamericano de Comercio Exterior, by 0.7% during the second quarter. LSV Asset Management now owns 1,860,019 shares of the bank’s stock valued at $50,927,000 after buying an additional 13,600 shares during the period. Hanson & Doremus Investment Management bought a new position in Banco Latinoamericano de Comercio Exterior, during the second quarter valued at about $4,141,000. Schafer Cullen Capital Management Inc. grew its position in Banco Latinoamericano de Comercio Exterior, by 3.0% during the second quarter. Schafer Cullen Capital Management Inc. now owns 123,279 shares of the bank’s stock valued at $3,375,000 after buying an additional 3,620 shares during the period. Finally, Parametric Portfolio Associates LLC grew its position in Banco Latinoamericano de Comercio Exterior, by 74.3% during the first quarter. Parametric Portfolio Associates LLC now owns 68,052 shares of the bank’s stock valued at $1,888,000 after buying an additional 29,008 shares during the period. Institutional investors own 16.35% of the company’s stock.

Shares of Banco Latinoamericano de Comercio Exterior, (NYSE:BLX) traded down 1.03% during mid-day trading on Tuesday, hitting $28.73. 25,298 shares of the company traded hands. Banco Latinoamericano de Comercio Exterior, has a one year low of $25.17 and a one year high of $30.51. The firm has a 50-day moving average of $26.74 and a 200-day moving average of $27.41. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 13.75 and a beta of 1.60.

Banco Latinoamericano de Comercio Exterior, Company Profile

Banco Latinoamericano de Comercio Exterior, SA (the Bank) is a specialized multinational bank. The Bank is established to support the financing of trade and economic integration in Latin America and the Caribbean. The Company operates in two segments: Commercial and Treasury. The Bank’s Commercial segment incorporates all of the Bank’s financial intermediation and fees generated by the commercial portfolio activities, such as origination of bilateral and syndicated credits, short- and medium-term loans, acceptances and contingent credits.

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