Why Intercorp Financial Services (IFS) Could Beat Earnings Estimates Again

Core Insights - Intercorp Financial Services Inc. (IFS) is well-positioned to continue its earnings-beat streak, having surpassed earnings estimates by an average of 25.44% over the last two quarters [1][2] Earnings Performance - For the most recent quarter, Intercorp Financial Services reported earnings of $1.41 per share, exceeding the expected $1.07 per share by a surprise of 31.78% [2] - In the previous quarter, the company reported $1.06 per share against an estimate of $0.89 per share, resulting in a surprise of 19.10% [2] Earnings Estimates and Predictions - Recent estimates for Intercorp Financial Services have been increasing, with a positive Earnings ESP of +2.17%, indicating bullish sentiment among analysts regarding its near-term earnings potential [4][7] - The combination of a positive Earnings ESP and a Zacks Rank of 1 (Strong Buy) suggests a high likelihood of another earnings beat in the upcoming report [7] Earnings ESP Insights - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [6] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced a positive surprise nearly 70% of the time [5]