Bladex Announces Profit For The Fourth Quarter 2019 Of $22.1 Million, Or $0.56 Per Share; Full Year 2019 Profit Of $86.1 Million, Or $2.17 Per Share

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Go back to Bladex Announces Profit For The Fourth Quarter 2019 Of $22.1 Million, Or $0.56 Per Share; Full Year 2019 Profit Of $86.1 Million, Or $2.17 Per Share

Bladex (BLX) Reports Q4 EPS of $0.56, Revenues Miss

February 14, 2020 6:51 AM EST

Bladex (NYSE: BLX) reported Q4 EPS of $0.56, versus $0.52 reported last year. Revenue for the quarter came in at $31.4 million versus the consensus estimate of $33.21 million.

CEO\'s Comments

Mr. N. Gabriel Tolchinsky, Bladex's Chief Executive Officer said, "In 2019, the global economy experienced its weakest year of growth since the financial crisis, weighed down by tensions that have significantly slowed international trade. The main drivers for the lackluster performance were the trade war between the US and China, negative trade flows that disrupted supply chains, and idiosyncratic risks in some countries.

2019 was also... More