Banco Macro Earnings Estimate

BMA
 Stock
  

USD 13.81  0.26  1.92%   

Many public companies, such as Banco Macro, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Banco Macro's earnings estimates, investors can diagnose different trends across Banco Macro's analyst sentiment over time as well as compare current estimates against different timeframes.
Banco Macro is projected to generate 3.2 in earnings per share on the 31st of December 2021. Banco Macro earnings estimates module stress-tests analyst consensus about projected Banco Macro SA EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Continue to Trending Equities.
  
The current year Gross Profit is expected to grow to about 206.4 B. The current year Profit Margin is expected to grow to 0.14

Banco Macro Earnings Estimation Breakdown

Calculation of earning per share of Banco Macro SA is based on official Zacks consensus of 2 analysts regarding Banco Macro future annual earnings. Given the historical accuracy of 69.79%, the future earnings per share of Banco Macro is estimated to be 3.2 with the lowest and highest values of 3.2 and 3.2, respectively. Please note that this consensus of annual earnings estimates for Banco Macro SA is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 2.48
3.20
Lowest
Expected EPS 3.2
3.20
Highest

Banco Macro Earnings Projection Consensus

Suppose the current estimates of Banco Macro's value are higher than the current market price of the Banco Macro stock. In this case, investors may conclude that Banco Macro is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Banco Macro's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

2

69.79%

2.48

3.2

Banco Macro Earnings per Share Projection vs Actual

Actual Earning per Share of Banco Macro refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Banco Macro SA predict the company's earnings will be in the future. The higher the earnings per share of Banco Macro, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Banco Macro Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Banco Macro, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Banco Macro should always be considered in relation to other companies to make a more educated investment decision.

Banco Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Banco Macro's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-05-23
2022-03-310.78990.7892-0.0007
2022-02-23
2021-12-311.561.53-0.03
2021-12-09
2021-09-300.951.190.2425 
2021-07-08
2021-06-300.620.39-0.2337 
2021-05-27
2021-03-310.54420.37-0.174232 
2021-03-11
2020-12-311.071.350.2826 
2020-12-02
2020-09-301.161.30.1412 
2020-09-01
2020-06-301.911.48-0.4322 
2020-06-10
2020-03-312.261.8-0.4620 
2020-02-28
2019-12-311.93.511.6184 
2019-11-11
2019-09-301.824.092.27124 
2019-08-08
2019-06-302.092.510.4220 
2019-05-09
2019-03-311.922.951.0353 
2019-03-08
2018-12-311.652.20.5533 
2018-11-27
2018-09-301.771.41-0.3620 
2018-08-22
2018-06-302.31.8-0.521 
2018-05-15
2018-03-312.432.640.21
2018-02-19
2017-12-312.192.40.21
2017-11-09
2017-09-302.212.240.03
2017-08-09
2017-06-302.122.05-0.07
2017-05-11
2017-03-312.021.96-0.06
2017-02-15
2016-12-311.981.18-0.840 
2016-11-09
2016-09-301.821.830.01
2016-08-09
2016-06-301.732.180.4526 
2016-04-21
2016-03-311.711.67-0.04
2016-02-17
2015-12-312.063.641.5876 
2015-11-09
2015-09-301.822.010.1910 
2015-08-05
2015-06-301.722.010.2916 
2015-05-14
2015-03-311.732.160.4324 
2015-02-18
2014-12-311.782.160.3821 
2014-11-10
2014-09-301.571.15-0.4226 
2014-08-07
2014-06-301.621.54-0.08
2014-05-09
2014-03-311.682.030.3520 
2014-02-20
2013-12-311.512.50.9965 
2013-11-08
2013-09-301.431.690.2618 
2013-08-08
2013-06-301.441.470.03
2013-05-14
2013-03-311.471.50.03
2013-02-14
2012-12-311.31.480.1813 
2012-11-07
2012-09-301.261.50.2419 
2012-08-08
2012-06-301.241.260.02
2012-05-11
2012-03-311.281.26-0.02
2012-02-15
2011-12-311.191.370.1815 
2011-11-08
2011-09-301.111.260.1513 
2011-08-04
2011-06-301.141.08-0.06
2011-05-05
2011-03-311.11.07-0.03
2011-02-11
2010-12-311.151.160.01
2010-11-04
2010-09-300.961.140.1818 
2010-08-04
2010-06-300.890.940.05
2010-05-07
2010-03-310.841.070.2327 
2010-02-11
2009-12-310.791.070.2835 
2009-11-04
2009-09-300.650.840.1929 
2009-08-06
2009-06-300.670.720.05
2009-05-11
2009-03-310.760.73-0.03
2009-02-19
2008-12-310.690.90.2130 
2008-11-03
2008-09-300.690.790.114 
2008-08-07
2008-06-300.60.750.1525 
2008-05-08
2008-03-310.620.70.0812 
2008-02-19
2007-12-310.640.790.1523 
2007-11-08
2007-09-300.470.41-0.0612 
2007-05-10
2007-03-310.60.58-0.02

About Banco Macro Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Banco Macro earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Banco Macro estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Banco Macro fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit118.2 B102.3 B
Earning Before Interest and Taxes EBIT24.1 B24.4 B
Earnings per Basic Share 357.71  299.42 
Earnings per Diluted Share 357.71  299.42 
Price to Earnings Ratio 4.03  4.34 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA31.2 B29.5 B
Earnings before Tax24.1 B24.4 B
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina. Banco Macro operates under Banks - Regional classification in the United States and is traded on New York Stock Exchange. It employs 7982 people.

Banco Macro Implied Volatility

    
  63.32  
Banco Macro's implied volatility exposes the market's sentiment of Banco Macro SA stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Banco Macro's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Banco Macro stock will not fluctuate a lot when Banco Macro's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Banco Macro in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Banco Macro's short interest history, or implied volatility extrapolated from Banco Macro options trading.

Pair Trading with Banco Macro

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco Macro position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco Macro will appreciate offsetting losses from the drop in the long position's value.

Moving together with Banco Macro

0.78BCHBanco DE Chile Downward RallyPairCorr
0.85BSACBanco Santander Chile Downward RallyPairCorr
The ability to find closely correlated positions to Banco Macro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Macro when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco Macro - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco Macro SA to buy it.
The correlation of Banco Macro is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco Macro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Macro SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco Macro can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the Banco Macro SA information on this page should be used as a complementary analysis to other Banco Macro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running Banco Macro SA price analysis, check to measure Banco Macro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banco Macro is operating at the current time. Most of Banco Macro's value examination focuses on studying past and present price action to predict the probability of Banco Macro's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Banco Macro's price. Additionally, you may evaluate how the addition of Banco Macro to your portfolios can decrease your overall portfolio volatility.
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Is Banco Macro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco Macro. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco Macro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.77
Market Capitalization
869.4 M
Quarterly Revenue Growth YOY
0.11
Return On Assets
0.0312
Return On Equity
0.13
The market value of Banco Macro SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Macro's value that differs from its market value or its book value, called intrinsic value, which is Banco Macro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco Macro's market value can be influenced by many factors that don't directly affect Banco Macro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine Banco Macro value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Macro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.