Benzinga | Feb 5, 2021 10:06AM EST

Earnings Outlook for Credicorp

Credicorp (NYSE:BAP) announces its next round of earnings this Monday, February 08. Here is Benzinga's look at Credicorp's Q4 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Based on Credicorp management projections, analysts predict EPS of $1.43 on revenue of $993.87 million. Credicorp reported a per-share profit of $3.68 when it published results during the same quarter last year. Sales in that period totaled $1.09 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The analyst consensus estimate would represent a 61.14% decrease in the company's earnings. Revenue would be down 9.15% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020EPS Estimate 0.98 2.18 3.83 4.26EPS Actual 0.37 -2.18 0.76 3.68Revenue Estimate 970.05 M 1.00 B 1.08 B 1.16 BRevenue Actual 605.36 M 549.12 M 967.78 M 1.09 B

Stock Performance

Over the past 52-week period, shares of Credicorp have declined 23.65%.

Do not be surprised to see the stock move on comments made during its conference call. Credicorp is scheduled to hold the call at 09:30:00 ET and can be accessed here.