Bladex's Profit for the First Quarter 2017 Reached $23.5 Million, or $0.60 per Share, up 76% QoQ on Lower Credit Provision Charges, Stable YoY

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Bladex (BLX) Misses Q1 EPS by 8c

April 21, 2017 7:02 AM EDT

Bladex (NYSE: BLX) reported Q1 EPS of $0.60, $0.08 worse than the analyst estimate of $0.68.

Bladex's 1Q17 Profit totaled $23.5 million, up 76% compared to the previous quarter, mostly on lower provisions for expected credit losses ("ECL"), and stable YoY as the effect of higher total... More