Can Banco Santander-Chile (BSAC) Run Higher on Rising Earnings Estimates?

Core Viewpoint - Banco Santander-Chile (BSAC) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimate Revisions - The upward trend in earnings estimate revisions indicates growing analyst optimism regarding Banco Santander-Chile's earnings prospects, which is expected to positively impact its stock price [2]. - The earnings estimate for the current quarter is $0.55 per share, reflecting a +12.24% change from the previous year [5]. - Over the last 30 days, the Zacks Consensus Estimate for Banco Santander-Chile has increased by 10%, with one estimate moving higher and no negative revisions [5]. - For the full year, the earnings estimate is $2.22 per share, representing an +18.09% change from the year-ago figure [6]. - The consensus estimate for the current year has increased by 7.26%, with two estimates moving higher and no negative revisions [6][7]. Zacks Rank - Banco Santander-Chile currently holds a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, which is a reliable indicator for investors [8]. - Stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500, highlighting the potential for strong returns [8]. Stock Performance - The stock has gained 9.5% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [9].