Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Grupo Supervielle currently has a Zacks Rank of #4 (Sell). This represents a change of +71.4% from what the company reported a year ago. SUPV has returned 44.5% in the past month.įor Grupo Supervielle, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.02. Grupo Supervielle ( SUPV Quick Quote SUPV - Free Report), another stock in the same industry, closed the last trading session 5.5% higher at $2.69. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >īanco Macro is part of the Zacks Banks - Foreign industry. The stock currently carries a Zacks Rank #3 (Hold). So, make sure to keep an eye on BMA going forward to see if this recent jump can turn into more strength down the road. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. Revenues are expected to be $455.87 million, down 1.4% from the year-ago quarter.Įarnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.įor Banco Macro, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This financial holding company is expected to post quarterly earnings of $0.97 per share in its upcoming report, which represents a year-over-year change of -39.4%. This has led to the bullish investor sentiments, which drove BMA stock higher. More such hikes are expected to come in the near term. The central banks across the globe have been raising interest rates since the beginning of 2022 to tame the raging inflation. The performance of the banking sector is expected to continue to improve in the quarters ahead on the back of rising interest rates. The stock touched a new 52-week high during last day’s trading session. This compares to the stock's 39.7% gain over the past four weeks.īanco Macro stock witnessed a rise in price for the sixth consecutive day. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.Banco Macro ( BMA Quick Quote BMA - Free Report) shares rallied 5.7% in the last trading session to close at $19.82. Additionally, it offers short-term and medium-to-long-term corporate lending products. Further, the company provides transaction services, such as cash management, collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services information services comprising Datanet and Interpymes services to corporate customers and Internet and mobile banking services. In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services and trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines (ATMs), and money transfers. provides various banking products and services to retail and corporate customers in Argentina.
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