Analysts Anticipate BBVA Banco Frances S.A. (BFR) to Post $0.36 EPS

Equities analysts forecast that BBVA Banco Frances S.A. (NYSE:BFR) will announce earnings of $0.36 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for BBVA Banco Frances’ earnings. The firm is expected to report its next quarterly earnings report on Wednesday, April 18th.

On average, analysts expect that BBVA Banco Frances will report full-year earnings of $1.16 per share for the current financial year. For the next fiscal year, analysts anticipate that the company will post earnings of $1.60 per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for BBVA Banco Frances.

Several research firms have issued reports on BFR. Zacks Investment Research downgraded BBVA Banco Frances from a “hold” rating to a “strong sell” rating in a report on Monday, November 20th. Citigroup upgraded BBVA Banco Frances from a “neutral” rating to a “buy” rating in a report on Monday, November 27th. BidaskClub upgraded BBVA Banco Frances from a “sell” rating to a “hold” rating in a report on Friday, August 25th. Finally, Santander upgraded BBVA Banco Frances from a “hold” rating to a “buy” rating in a report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $23.00.

BBVA Banco Frances (NYSE BFR) traded up $0.19 during midday trading on Friday, reaching $25.19. The company’s stock had a trading volume of 242,700 shares, compared to its average volume of 359,770. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.04. The firm has a market cap of $4,473.98, a P/E ratio of 13.59 and a beta of 0.55. BBVA Banco Frances has a 12-month low of $14.55 and a 12-month high of $25.32.

Institutional investors and hedge funds have recently modified their holdings of the company. Quantbot Technologies LP acquired a new position in shares of BBVA Banco Frances in the 3rd quarter valued at about $102,000. Comerica Bank bought a new stake in shares of BBVA Banco Frances in the 3rd quarter valued at approximately $211,000. Wells Fargo & Company MN grew its stake in shares of BBVA Banco Frances by 2.4% in the 2nd quarter. Wells Fargo & Company MN now owns 12,018 shares of the bank’s stock valued at $227,000 after buying an additional 277 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of BBVA Banco Frances by 12.3% in the 3rd quarter. Fisher Asset Management LLC now owns 22,947 shares of the bank’s stock valued at $468,000 after buying an additional 2,506 shares in the last quarter. Finally, William Blair Investment Management LLC bought a new stake in shares of BBVA Banco Frances in the 2nd quarter valued at approximately $843,000. Institutional investors own 16.02% of the company’s stock.

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BBVA Banco Frances Company Profile

BBVA Banco Frances SA (the Bank) is a provider of financial services to large corporations, small and medium-size companies (SMEs), as well as individual customers. The Bank is focused on the financial sector, through its activities related to banking/financial, pension fund manager and insurance. The Bank has all its operations, property and customers located in Argentina.

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