Credicorp (BAP) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Credicorp, with a focus on how actual results compare to estimates impacting stock price [1][2] Earnings Expectations - Credicorp is expected to report quarterly earnings of $4.37 per share, reflecting a year-over-year increase of +56.1% [3] - Revenues are projected to be $1.38 billion, an increase of 8.2% from the previous year [3] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4] - A negative Earnings ESP of -1.33% suggests recent bearish sentiment among analysts regarding the company's earnings prospects [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict earnings deviation from consensus estimates, with positive readings being more reliable [7][8] - Credicorp's current Zacks Rank is 2, which complicates the prediction of an earnings beat despite the negative Earnings ESP [11] Historical Performance - In the last reported quarter, Credicorp exceeded expectations by delivering earnings of $5.08 per share against an expected $4.67, resulting in a surprise of +8.78% [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Conclusion - While Credicorp does not appear to be a strong candidate for an earnings beat, investors should consider other factors before making investment decisions [16]