Inter & Co, Inc. (INTR) Set to Announce Earnings on Thursday

Inter & Co, Inc. (NASDAQ:INTR) is set to announce its earnings results before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.

Inter & Co, Inc. (NASDAQ:INTR) last announced its earnings results on Wednesday, February 7th. The company reported $0.07 earnings per share for the quarter, meeting the consensus estimate of $0.07. The firm had revenue of $265.06 million during the quarter, compared to the consensus estimate of $269.81 million. Inter & Co, Inc. had a net margin of 5.01% and a return on equity of 4.16%. 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. Trading Down 1.5 %

Shares of NASDAQ INTR traded down $0.08 during midday trading on Tuesday, reaching $5.37. 192,529 shares of the stock were exchanged, compared to its average volume of 1,219,975. The stock has a 50 day moving average price of $5.66 and a 200-day moving average price of $5.33. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $2.33 billion, a P/E ratio of 35.80 and a beta of 1.47. Inter & Co, Inc. has a 52-week low of $1.68 and a 52-week high of $6.44.

Inter & Co, Inc. Dividend Announcement

The company also recently announced a — dividend, which was paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 16th were paid a $0.03 dividend. The ex-dividend date of this dividend was Monday, April 15th. Inter & Co, Inc.’s payout ratio is currently 20.00%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on INTR shares. The Goldman Sachs Group increased their price objective on shares of Inter & Co, Inc. from $5.80 to $6.50 and gave the stock a “buy” rating in a research report on Friday, February 9th. Citigroup lowered Inter & Co, Inc. from a “buy” rating to a “neutral” rating and cut their price objective for the company from $6.30 to $6.00 in a research report on Friday, February 16th.

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.