Popular (BPOP) Beats Q1 Earnings and Revenue Estimates

Popular (BPOP) came out with quarterly earnings of $2.56 per share, beating the Zacks Consensus Estimate of$ 2.26 per share. This compares to earnings of $1.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.27%. A quarter ago, it was expected that this company that runs Banco Popular and other banks in Puerto Rico and the U.S. Would post earnings of$ 2.04 per share when it actually produced earnings of $2.51, delivering a ...