Grupo Supervielle (SUPV) to Release Quarterly Earnings on Wednesday

Grupo Supervielle (NYSE:SUPV) will likely be issuing its quarterly earnings data before the market opens on Wednesday, March 5th. Analysts expect the company to announce earnings of $0.25 per share and revenue of $194.19 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Grupo Supervielle (NYSE:SUPV) last announced its quarterly earnings results on Monday, November 25th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.03). Grupo Supervielle had a net margin of 5.80% and a return on equity of 15.92%. On average, analysts expect Grupo Supervielle to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Grupo Supervielle Stock Down 2.3 %

Grupo Supervielle stock opened at $13.59 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.86 and a quick ratio of 0.86. The company’s 50-day moving average is $16.08 and its 200-day moving average is $11.50. The firm has a market capitalization of $1.20 billion, a PE ratio of 18.88 and a beta of 1.95. Grupo Supervielle has a fifty-two week low of $4.07 and a fifty-two week high of $19.75.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on SUPV shares. JPMorgan Chase & Co. raised Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 price target on the stock in a research report on Thursday, December 12th. Morgan Stanley raised Grupo Supervielle from an “underweight” rating to an “overweight” rating and set a $19.00 target price on the stock in a report on Monday, December 16th.

About Grupo Supervielle

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.