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. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Inter & Co, Inc. (NASDAQ:INTR) last issued its earnings results on Thursday, May 9th. The company reported $0.09 earnings per share (EPS) for the quarter, beating 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 company had revenue of $332.84 million during the quarter. During the same period last year, the business 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 Up 3.1 %

Shares of NASDAQ INTR traded up $0.19 during mid-day trading on Tuesday, reaching $6.37. The company had a trading volume of 740,268 shares, compared to its average volume of 1,141,757. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.90 and a current ratio of 0.90. Inter & Co, Inc. has a twelve month low of $3.20 and a twelve month high of $7.11. The stock’s 50 day moving average is $6.23 and its 200-day moving average is $5.81. The stock has a market capitalization of $2.77 billion, a PE ratio of 26.87 and a beta of 1.50.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on INTR shares. Citigroup started coverage on Inter & Co, Inc. in a research note on Tuesday, June 25th. They set a “buy” rating and a $6.80 price target for the company. Itau BBA Securities raised shares of Inter & Co, Inc. from a “market perform” rating to an “outperform” rating and set a $8.00 price objective on the stock in a research report on Tuesday, May 21st.

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.