Popular (BPOP) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Revenues are expected to be $728.83 million, up 5.3% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction mo ...