Banco Bradesco SA (ADR) (BBD) EPS Estimated At $0.22

July 18, 2017 - By Dolores Ford

 Banco Bradesco SA (ADR) (BBD) EPS Estimated At $0.22

Wall Street await Banco Bradesco SA (ADR) (NYSE:BBD) to release earnings on July, 27. Analysts forecast EPS of $0.22, up exactly $0.03 or 15.79 % from 2014’s $0.19 EPS. The expected BBD’s profit could reach $1.37B giving the stock 10.52 P/E in the case that $0.22 earnings per share is reported. After posting $0.25 EPS for the previous quarter, Banco Bradesco SA (ADR)’s analysts now forecast -12.00 % negative EPS growth. The stock decreased 0.43% or $0.04 during the last trading session, reaching $9.26. About 7.86 million shares traded. Banco Bradesco SA (ADR) (NYSE:BBD) has risen 43.32% since July 18, 2016 and is uptrending. It has outperformed by 26.62% the S&P500.

Banco Bradesco SA (ADR) (NYSE:BBD) Ratings Coverage

Among 6 analysts covering Banco Bradesco SA (NYSE:BBD), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Banco Bradesco SA had 9 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Goldman Sachs with “Neutral” on Wednesday, September 21. Citigroup downgraded the shares of BBD in report on Friday, April 8 to “Sell” rating. On Wednesday, April 12 the stock rating was upgraded by Scotia Capital to “Sector Perform”. Goldman Sachs maintained Banco Bradesco SA (ADR) (NYSE:BBD) rating on Monday, May 2. Goldman Sachs has “Neutral” rating and $1.82 target. Scotia Capital initiated Banco Bradesco SA (ADR) (NYSE:BBD) on Tuesday, March 15 with “Underperform” rating. The stock of Banco Bradesco SA (ADR) (NYSE:BBD) earned “Buy” rating by Bank of America on Monday, March 14. The stock of Banco Bradesco SA (ADR) (NYSE:BBD) has “Buy” rating given on Monday, October 12 by Deutsche Bank. The rating was downgraded by Deutsche Bank on Tuesday, March 22 to “Hold”.

Banco Bradesco S.A. is a commercial bank. The company has market cap of $57.53 billion. The Bank offers a range of banking and financial services and products in Brazil and abroad to individuals, large, mid-sized and small companies, and local and international firms and institutions. It has a 9.95 P/E ratio. The Company’s divisions include Financial; Insurance and Capitalization bonds; Pension plans, and Other Activities.

More recent Banco Bradesco SA (ADR) (NYSE:BBD) news were published by: Quotes.Wsj.com which released: “Banco Bradesco S/A Ord ADR” on March 14, 2012. Also Benzinga.com published the news titled: “18 Biggest Mid-Day Losers For Thursday” on May 18, 2017. Investorplace.com‘s news article titled: “Why Banco Bradesco SA (ADR) (BBD), Coca-Cola Enterprises Inc (CCE) and Great …” with publication date: May 31, 2016 was also an interesting one.

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