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Banco Macro S.A. (NYSE:BMA ) Q3 2022 Earnings Conference Call November 28, 2022 11:00 AM ET Company Participants Nicolas Torres - Investor Relations Jorge Scarinci - Chief Financial Officer Conference Call Participants Alonso Garcia - Credit Suisse Nicolas Riva - Bank of America Alejandra Aranda - Itau Carlos Gomez - HSBC Santiago Petri - Franklin Templeton Operator Good morning ladies and gentlemen, and thank you for waiting.
Here is how Banco Macro (BMA) and Equity Bancshares (EQBK) have performed compared to their sector so far this year.
Banco Macro S.A. (NYSE:BMA ) Q2 2022 Earnings Conference Call August 25, 2022 11:00 AM ET Company Participants Nicolas Torres - Investor Relations Jorge Scarinci - Chief Financial Officer Conference Call Participants Ernesto Gabilondo - Bank of America Merrill Lynch Nicolas Riva - Bank of America Merrill Lynch Operator Good morning, ladies and gentlemen, and thank you for waiting.
Banco Macro (BMA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Banco Macro (BMA) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.