Itau Unibanco Holding SA reports results for the quarter ended December 31 - Earnings Summary

Reuters
06 Feb
Itau Unibanco Holding SA reports results for the quarter ended December 31 - Earnings Summary
  • Itau Unibanco Holding SA ITUB.N reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended December 31, identical to the same quarter last year. The mean expectation of three analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 18 cents to 20 cents per share.

  • Revenue fell 8.7% to $7.55 billion from a year ago; analysts expected $7.61 billion.

  • Itau Unibanco Holding SA's reported EPS for the quarter was 19 cents​.

  • Itau Unibanco Holding SA shares had risen by 19.6% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 5% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Itau Unibanco Holding SA is $7.00

This summary was machine generated from LSEG data February 6 at 01:35 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.19

0.19

Met

Sep. 30 2024

0.19

0.20

Beat

Jun. 30 2024

0.19

0.20

Beat

Mar. 31 2024

0.20

0.20

Met

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