Inter & Co, Inc. (INTR) to Release Earnings on Wednesday

Inter & Co, Inc. (NASDAQ:INTR) is set to post its quarterly earnings results before the market opens on Wednesday, August 7th. Analysts expect Inter & Co, Inc. to post earnings of $0.09 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Inter & Co, Inc. (NASDAQ:INTR) last announced its earnings results on Thursday, May 9th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. Inter & Co, Inc. had a net margin of 7.38% and a return on equity of 6.16%. The firm had revenue of $332.84 million for the quarter. During the same quarter in the previous year, the company earned $0.01 EPS. On average, analysts expect Inter & Co, Inc. to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Inter & Co, Inc. Stock Performance

Shares of INTR traded up $0.19 during mid-day trading on Tuesday, hitting $6.37. 740,268 shares of the company’s stock were exchanged, compared to its average volume of 1,141,757. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.01. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 26.87 and a beta of 1.50. The stock’s 50-day simple moving average is $6.23 and its 200-day simple moving average is $5.81. Inter & Co, Inc. has a 52 week low of $3.20 and a 52 week high of $7.11.

Wall Street Analysts Forecast Growth

INTR has been the subject of several analyst reports. Itau BBA Securities raised Inter & Co, Inc. from a “market perform” rating to an “outperform” rating and set a $8.00 price objective for the company in a report on Tuesday, May 21st. Citigroup assumed coverage on shares of Inter & Co, Inc. in a report on Tuesday, June 25th. They issued a “buy” rating and a $6.80 target price on the stock.

Inter & Co, Inc. Company Profile

Inter & Co, Inc, through its subsidiaries, engages in the banking and spending, investments, insurance brokerage businesses. The company's Banking & Spending segment offers banking products and services, including checking accounts, cards, deposits, loans and advances, and other services.