Popular Earnings Report Preview For Friday's Release (BPOP)
Popular (NASDAQ:BPOP) is expected to report earnings for last fiscal quarter before the opening bell on April 20, 2012.
Who They Are:
Popular, Inc., through its subsidiaries, provides a range of retail and commercial banking products and services primarily to corporate clients, small and middle size businesses, and retail clients in Puerto Rico and Mainland United States. The company was founded in 1917 and is headquartered in San Juan, Puerto Rico. Popular trades an average of 8.2 million shares per day and has a marketcap of $1.9 Billion.
Book Value: $3.82
Float Short: 0.95%
What To Expect:
Analysts expect an improvement of $0.01 in earnings per share compared to last quarter's results of $0.02. Investors will be looking to see a number north of $0.03 per share based on the earnings estimates.
Recent Stock and Valuation Performance:
The P/E ratio has come down, as the current trailing twelve months P/E ratio is 15.6, while the forward P/E ratio is now 9.71. An upside earnings report may provide greater wind in the sails.
The stock has fallen in price -15.38% in the last month, and -39.29% from one year ago.
The stock is performing extremely well when compared to the general stock market up to this point. When comparing to the S&P 500, the year up to date positive change is 21.65%.
The bottom line has rising earnings year-over-year of $151.33 million for vs. $137.40 million for .
The short interest is relatively low at 0.95%.
Here are the last few quarters to get an idea how well they perform compared to estimates 
Reported earnings per share compared to the mean estimate. Differences are rounded.
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