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ICICI Bank Limited (IBN) earnings: expect -11% revenue decline

Carla Olson | 8:23 am ET, 15 May 2019

ICICI Bank Limited (IBN) is announcing earnings on May 20. We combed through analyst estimates to understand what the company revenue and earnings are predicted to look like.

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $1.62B, which implies a -11% growth rate year-over-year.

Earnings per share are expected to come in at $0.04. If this materializes, EPS will decline -20% year-over-year.

How did the stock do last month?

Over the last month, ICICI Bank Limited (IBN) returned -3.11%.

How is the stock valued?

ICICI Bank Limited (IBN) forward P/E ratio is 16.01.

What do analysts say about the stock?

ICICI Bank Limited (IBN) average analyst price target is 16.78% above its current price ($10.73).

For the latest price and information on ICICI Bank Limited, please visit Finstead and ask for "IBN", "IBN analysis" or "IBN news".

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Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finstead Bites, please send us an email at hi@finstead.com.


ICICI Bank Limited (IBN) earnings: expect -11% revenue decline

Carla Olson | 4:12 am ET, 05 May 2019

ICICI Bank Limited (IBN) is announcing earnings on May 06. Wondering what revenue and earnings will look like?

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $1.62B, which implies a -11% growth rate year-over-year.

Earnings per share are expected to come in at $0.08. If this materializes, EPS will grow 60% year-over-year.

How did the stock do last month?

Over the last month, ICICI Bank Limited (IBN) returned +3.02%.

How is the stock valued?

ICICI Bank Limited (IBN) forward P/E ratio is 17.21.

What do analysts say about the stock?

ICICI Bank Limited (IBN) average analyst price target is 9.43% above its current price ($11.45).

For the latest price and information on ICICI Bank Limited, please visit Finstead and ask for "IBN", "IBN analysis" or "IBN news".

Powered by Froala Editor

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finstead Bites, please send us an email at hi@finstead.com.


ICICI Bank Limited (IBN) Buy or Sell Stock Guide

Updated at: 7:10 am ET, 12 May 2019

Are you looking for the analysis of ICICI Bank Limited (IBN) stock? Are you wondering what the bulls and the bears say about it?

If so, you came to the right place. In this stock guide, we will share with you 6 reasons to buy IBN stock. You’ll get a perspective on what the bulls and the bears say about it.

The analysis below may be also helpful to you if you have any of the following questions about IBN stock:

  • Is IBN a buy or a sell?
  • Should I sell or hold IBN stock today?
  • Is IBN a good buy / investment?
  • What are IBN analyst opinions, recommendations and ratings?

Let’s start with the bull case. Here are the reasons to buy IBN stock:

1. IBN quarterly revenue growth was 16.50%, higher than the industry and sector average revenue growth (6.72% and 5.69%, respectively). See IBN revenue growth chart.

2. IBN profitability is improving. The YoY profit margin change was 2.57percentage points. See IBN profitability chart.

3. IBN forward P/E ratio is 17.01, and it’s low compared to its industry peers’ P/E ratios. See IBN forward P/E ratio chart.

4. IBN PEG ratio (P/E adjusted for growth) is 1.58, and it’s low compared to its industry peers’ PEG ratios. See IBN PEG chart.

5. IBN average analyst rating is Strong Buy. See IBN analyst rating chart.

6. IBN average analyst price target ($12.53) is above its current price ($10.90). See IBN price target chart.

There are no IBN stock sell reasons/signals.

Now let's look at the key statistics for IBN:

Metrics IBN
Price $12.41
Average Price Target / Upside $12.53 / 0.93%
Average Analyst Rating Strong Buy
Industry Banks - Regional - Asia
Sector Financial Services
Number of Employees 83,927
Market Cap $34.59B
Forward P/E Ratio 16.01
Price/Book Ratio N/A
PEG 1.52
Revenue (TTM) N/A
YoY Quarterly Revenue Growth 15.4%
Profit Margin 5.94%

What are your thoughts on IBN?

If you liked this analysis, check out Buy or Sell Stock Guides for other stocks.

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finstead Bites, please send us an email at hi@finstead.com.


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