Intercorp Financial Services (IFS) to Release Quarterly Earnings on Tuesday

Intercorp Financial Services (NYSE:IFS) will be posting its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect Intercorp Financial Services to post earnings of $0.79 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Intercorp Financial Services (NYSE:IFS) last released its quarterly earnings results on Wednesday, August 14th. The company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.57 by $0.09. Intercorp Financial Services had a net margin of 14.94% and a return on equity of 8.97%. The firm had revenue of $414.92 million for the quarter, compared to analyst estimates of $423.35 million. On average, analysts expect Intercorp Financial Services to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Intercorp Financial Services Trading Up 0.0 %

NYSE:IFS opened at $26.98 on Friday. Intercorp Financial Services has a 52 week low of $17.94 and a 52 week high of $30.59. The stock’s fifty day moving average is $26.13 and its two-hundred day moving average is $23.93. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.12 and a current ratio of 1.10.

Insider Transactions at Intercorp Financial Services

In other Intercorp Financial Services news, major shareholder Peru Ltd Intercorp bought 247,311 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The shares were purchased at an average price of $19.65 per share, with a total value of $4,859,661.15. Following the completion of the acquisition, the insider now directly owns 1,842,999 shares of the company’s stock, valued at $36,214,930.35. This represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lowered their price objective on shares of Intercorp Financial Services from $31.00 to $30.00 and set an “overweight” rating for the company in a research report on Thursday, September 12th.

Intercorp Financial Services Company Profile

Intercorp Financial Services Inc, together with its subsidiaries, offers banking, insurance, wealth management, and payment services for retail and commercial clients in Peru. The company provides loans, credit facilities, deposits, and current accounts; life annuity products with single-premium payment and conventional life insurance products, as well as other retail insurance products; and brokerage and investment management services.