Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For Itaú Unibanco Holding S.A. ($ITUB)

Itaú Unibanco Holding S.A. (NYSE: ITUB) has announced that it will be releasing its financial results for the third quarter of 2024 on Monday 4th November 2024. The report will be made available after market close, allowing investors and analysts to evaluate the company's performance during this period.

Financial analysts on Wall Street are predicting that the enterprise is about to reveal an estimated $0.19 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $7.82 billion for this period.

In the same quarter of the previous year, the company's financial statement revealed a per-share income of $0.19. Additionally, the company's overall revenue for that particular period was an impressive $8.1 billion.

Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $32.28 billion. Additionally, they are expecting the company to achieve per share profit of $0.79 for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.20 +11.1% 8.02 B +2.2%
Q1 2024 $0.26 +62.5% 8.15 B +13.1%
Q4 2023 $0.19 +26.7% 8.27 B +14.9%
Q3 2023 $0.19 +26.7% 8.10 B +16.0%
*Growth on year-over-year basis

 

In addition, The firm will review the third quarter financial results on 5th November 2024 at 08:00 AM eastern time, in a conference call with public.

Itaú Unibanco Holding S.A. (ITUB) closed Friday's regular trading session at $5.94, indicating a 1.82 percent decrease. The stock fluctuated between $5.93 and $6.09 during the day, with a volume of 23.78 million shares.

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