Credicorp (BAP) Moves 4.8% Higher: Will This Strength Last?

Company Overview - Credicorp (BAP) shares increased by 4.8% to $178.02 in the last trading session, following a broader market rally influenced by President Trump's announcement of a 90-day tariff pause for non-retaliating nations [1] - The stock had previously experienced a 6.1% decline over the past four weeks, indicating a significant turnaround in investor sentiment [1] Earnings Expectations - Credicorp is projected to report quarterly earnings of $5.31 per share, reflecting a year-over-year increase of 4.9% [2] - Expected revenues for the upcoming report are $1.42 billion, which represents a 9.2% increase compared to the same quarter last year [2] Stock Performance and Trends - The consensus EPS estimate for Credicorp has remained unchanged over the last 30 days, suggesting that the stock's price movement may not sustain without trends in earnings estimate revisions [3] - Credicorp currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [3] - In comparison, Bancolombia (CIB), another stock in the same industry, closed 8% higher at $38.98, although it has returned -12.7% over the past month [3] Industry Context - Credicorp operates within the Zacks Banks - Foreign industry, which is currently experiencing varied performance among its constituents [3] - Bancolombia's consensus EPS estimate has decreased by 1% over the past month to $1.62, representing a 10% decline compared to the previous year [4]