Grupo Supervielle SA -ADR (SUPV) Expected to Post Earnings of $0.15 Per Share

Wall Street analysts forecast that Grupo Supervielle SA -ADR (NYSE:SUPV) will report earnings per share (EPS) of $0.15 for the current quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Grupo Supervielle’s earnings. Grupo Supervielle reported earnings per share of $0.40 in the same quarter last year, which suggests a negative year over year growth rate of 62.5%. The business is expected to issue its next earnings results on Monday, May 20th.

On average, analysts expect that Grupo Supervielle will report full year earnings of $1.18 per share for the current fiscal year, with EPS estimates ranging from $1.13 to $1.22. For the next financial year, analysts anticipate that the business will post earnings of $1.18 per share, with EPS estimates ranging from $0.83 to $1.52. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that follow Grupo Supervielle.

Grupo Supervielle (NYSE:SUPV) last released its quarterly earnings results on Thursday, March 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.02). Grupo Supervielle had a return on equity of 14.54% and a net margin of 8.44%. The firm had revenue of $102.72 million for the quarter, compared to analysts’ expectations of $167.20 million.

Several equities research analysts recently issued reports on SUPV shares. Citigroup downgraded shares of Grupo Supervielle from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 8th. Zacks Investment Research lowered shares of Grupo Supervielle from a “hold” rating to a “sell” rating in a report on Tuesday. Finally, Bank of America lowered shares of Grupo Supervielle from a “neutral” rating to an “underperform” rating in a report on Thursday, February 21st. Five investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. The stock has a consensus rating of “Sell” and a consensus target price of $11.10.

Grupo Supervielle stock traded up $0.25 during midday trading on Wednesday, hitting $6.30. 5,028 shares of the stock were exchanged, compared to its average volume of 1,470,633. Grupo Supervielle has a 1 year low of $4.91 and a 1 year high of $30.34. The company has a market capitalization of $440.20 million, a price-to-earnings ratio of 7.96, a price-to-earnings-growth ratio of 4.28 and a beta of 0.04. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.19 and a quick ratio of 1.19.

Several hedge funds and other institutional investors have recently bought and sold shares of SUPV. Financial Gravity Companies Inc. acquired a new position in Grupo Supervielle during the 4th quarter valued at about $67,000. Barclays PLC acquired a new position in Grupo Supervielle during the 4th quarter valued at about $68,000. NumerixS Investment Technologies Inc acquired a new position in Grupo Supervielle during the 4th quarter valued at about $79,000. Jane Street Group LLC acquired a new position in Grupo Supervielle during the 4th quarter valued at about $98,000. Finally, Legal & General Group Plc acquired a new position in Grupo Supervielle during the 3rd quarter valued at about $108,000. 29.86% of the stock is owned by institutional investors and hedge funds.

About Grupo Supervielle

Grupo Supervielle SA, a financial services holding company, provides banking products and services in Argentina. The company operates through Retail Banking, Corporate Banking, Treasury, Consumer Finance, Insurance, and Asset Management & Other Services segments. It accepts deposit accounts; and offers personal loans, foreign trade finance, and loans to the middle and lower-middle-income sectors.

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