BB Seguridade Participacoes (BBSEY) Projected to Post Earnings on Tuesday

BB Seguridade Participacoes (OTCMKTS:BBSEY) is projected to release its results before the market opens on Tuesday, November 4th. Analysts expect BB Seguridade Participacoes to post earnings of $0.20 per share for the quarter.

BB Seguridade Participacoes (OTCMKTS:BBSEY) last posted its earnings results on Tuesday, August 5th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.19 by $0.03. The company had revenue of $489.90 million during the quarter, compared to the consensus estimate of $2.65 billion. BB Seguridade Participacoes had a net margin of 86.36% and a return on equity of 79.42%.

BB Seguridade Participacoes Price Performance

BBSEY stock opened at $6.00 on Tuesday. The company has a market capitalization of $12 billion, a price-to-earnings ratio of 7.50, a P/E/G ratio of 2.17 and a beta of 0.63. BB Seguridade Participacoes has a 12 month low of $5.38 and a 12 month high of $8.08. The firm has a 50 day moving average of $6.07 and a two-hundred day moving average of $6.46.

BB Seguridade Participacoes Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, September 3rd. Investors of record on Tuesday, August 19th were issued a $0.3327 dividend. The ex-dividend date was Monday, August 18th. This represents a yield of 1,065.0%. BB Seguridade Participacoes’s dividend payout ratio is currently 83.75%.

About BB Seguridade Participacoes

BB Seguridade Participações SA, through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. The company operates through Security and Brokerage segments. The Security segment offers life, property, rural, special risks and financial, transport, hulls, and housing people insurance products.