BB Seguridade Participacoes (OTCMKTS:BBSEY) Posts Earnings Results, Beats Estimates By $0.01 EPS

BB Seguridade Participacoes (OTCMKTS:BBSEY) released its quarterly earnings results on Monday. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.01, Zacks reports. BB Seguridade Participacoes had a net margin of 87.16% and a return on equity of 79.01%.

BB Seguridade Participacoes Trading Down 0.7%

OTCMKTS:BBSEY traded down $0.05 during trading hours on Monday, hitting $7.26. The stock had a trading volume of 108,655 shares, compared to its average volume of 102,236. The business has a 50 day simple moving average of $6.70 and a two-hundred day simple moving average of $6.36. The company has a market cap of $14.52 billion, a PE ratio of 8.96, a price-to-earnings-growth ratio of 2.75 and a beta of 0.34. BB Seguridade Participacoes has a 1-year low of $5.80 and a 1-year high of $8.08.

BB Seguridade Participacoes Company Profile

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).