Grupo Financiero Banorte (OTCMKTS:GBOOY - Get Free Report) released its earnings results on Tuesday. The company reported $1.32 EPS for the quarter, missing the consensus estimate of $26.79 by ($25.47), Zacks reports. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $40.28 billion.
Grupo Financiero Banorte Stock Up 2.3 %
Shares of GBOOY traded up $0.96 during trading hours on Friday, hitting $42.07. The company had a trading volume of 17,492 shares, compared to its average volume of 48,420. Grupo Financiero Banorte has a 52-week low of $30.00 and a 52-week high of $53.37. The stock's 50 day moving average price is $36.73 and its 200 day moving average price is $35.67.
About Grupo Financiero Banorte
(
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Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing.
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