BB Seguridade Participacoes (BBSEY) to Announce Earnings on Tuesday

by · The Cerbat Gem

BB Seguridade Participacoes (OTCMKTS:BBSEY – Get Free Report) is anticipated to announce its results after the market closes on Tuesday, August 4th. Analysts expect the company to post earnings of $0.21 per share and revenue of $489.0820 million for the quarter.

BB Seguridade Participacoes (OTCMKTS:BBSEY – Get Free Report) last announced its earnings results on Monday, May 4th. The company reported $0.21 earnings per share for the quarter, hitting the consensus estimate of $0.21. The business had revenue of $471.89 million during the quarter, compared to the consensus estimate of $529.60 million. BB Seguridade Participacoes had a net margin of 87.73% and a return on equity of 79.64%. On average, analysts expect BB Seguridade Participacoes to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

BB Seguridade Participacoes Price Performance

Shares of BBSEY stock opened at $8.12 on Monday. BB Seguridade Participacoes has a 52-week low of $5.80 and a 52-week high of $8.57. The stock’s 50-day moving average price is $7.63 and its 200 day moving average price is $7.19. The stock has a market capitalization of $15.76 billion, a PE ratio of 9.33 and a beta of 0.35.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on BBSEY shares. Zacks Research cut BB Seguridade Participacoes from a “hold” rating to a “strong sell” rating in a research report on Friday, July 17th. Itau BBA Securities raised BB Seguridade Participacoes from an “underperform” rating to a “market perform” rating in a report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce”.

View Our Latest Report on BB Seguridade Participacoes

BB Seguridade Participacoes Company Profile

(Get Free Report)

BB Seguridade Participações SA is a leading Brazilian insurance and pension holding company, primarily focused on the design, underwriting and distribution of risk protection and retirement solutions. As a publicly traded subsidiary of Banco do Brasil, BB Seguridade operates through a network of specialized businesses that serve both individual and institutional clients across Brazil.

The company’s main offerings are delivered via its core subsidiaries: Brasilprev (private pension and savings plans), BB Mapfre (property & casualty insurance), Brasilveículos (auto warranty and mechanical protection), Brasilcap (surety bonds) and BB Seguros (life, rural and personal accident insurance).

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