Wall Street brokerages forecast that Galicia Financial Group (NASDAQ:GGAL) will report earnings of $0.98 per share for the current quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Galicia Financial Group’s earnings. The business is scheduled to announce its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that Galicia Financial Group will report full-year earnings of $4.20 per share for the current year, with EPS estimates ranging from $4.04 to $4.35. For the next year, analysts expect that the business will post earnings of $4.82 per share, with EPS estimates ranging from $4.58 to $5.06. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Galicia Financial Group.
GGAL has been the topic of a number of research analyst reports. ValuEngine lowered shares of Galicia Financial Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, May 2nd. BidaskClub lowered shares of Galicia Financial Group from a “sell” rating to a “strong sell” rating in a report on Saturday, May 26th. Zacks Investment Research raised shares of Galicia Financial Group from a “sell” rating to a “hold” rating in a report on Friday, February 16th. Finally, UBS Group raised shares of Galicia Financial Group from a “hold” rating to a “buy” rating in a report on Monday, March 12th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $87.00.
Shares of Galicia Financial Group traded down $0.18, reaching $47.24, during mid-day trading on Friday, Marketbeat.com reports. 522,482 shares of the stock were exchanged, compared to its average volume of 888,238. Galicia Financial Group has a fifty-two week low of $36.09 and a fifty-two week high of $73.45.
About Galicia Financial Group
Grupo Financiero Galicia SA is a holding company, which engages in banking, insurance, and the issuance of certificates of deposit through its subsidiaries. Its other activities include intercompany e-commerce, custody services, securities-related representations, mandates, and commissions. The company was founded on September 14, 1999 and is headquartered in Buenos Aires, Argentina.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Galicia Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galicia Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.