Banco Santander SA (SAN) FY2024Q2 Earning Prediction
Banco Santander SA (SAN) is set to release its FY2024Q2 earnings performance on 07/24 ET in trading. Consensus forecasts predict a revenue of 15.48B and an earnings per share (EPS) of 0.22 for the FY2024Q2. With Intellectia's exclusive AI algorithms, users can predict whether the earnings will beat or miss expectations before the report drops. Leverage this powerful tool to strategize and position your trades ahead of the earnings release!
Earnings Surprise Analysis
SAN Transcript
The earnings call summary indicates strong financial performance, with record profits, improved efficiency, and a solid RoTE. The shareholder return plan, including significant buybacks, is a positive catalyst. Despite risks like acquisition challenges and macroeconomic conditions, the company shows robust growth, especially in consumer and wealth segments. The absence of negative sentiment in the Q&A suggests analysts are satisfied. Overall, the positive financial outcomes and strategic initiatives suggest a positive stock price movement.
The earnings call summary indicates strong financial performance across multiple segments, including a 60% increase in Payments profit and a 21% rise in Wealth profit. The Q&A session reveals positive sentiment towards cost management, risk stability, and regulatory improvements. The company's strategic initiatives and optimistic guidance, especially regarding RoTE and cost efficiencies, suggest a positive outlook. Despite some uncertainties in litigation provisions, the overall sentiment remains positive, likely resulting in a stock price increase of 2% to 8% over the next two weeks.
Sanofi's earnings call summary shows strong financial performance with record revenue, positive R&D progress, and a robust shareholder return plan. The Q&A section reveals confidence in NII growth and operational leverage, despite some competitive pressures and economic risks. The company's strategic focus and potential asset sales further enhance its growth prospects. While challenges exist, the overall sentiment is positive, driven by solid earnings, optimistic guidance, and shareholder-friendly actions like share buybacks and dividend increases.
SAN Report
Frequently Asked Questions
What is the Banco Santander SA FY2024Q2 Earnings Release Date and Time?
Banco Santander SA (SAN) is scheduled to release its FY2024Q2 earnings report onJul 24, 2024, (approximately 4:00 PM ET). This timing allows investors to react during after-hours trading, with a conference call typically following shortly after.
What Are the Consensus Forecasts for Banco Santander SA FY2024Q2 Revenue and EPS?
Analysts' consensus predicts 15.48B in revenue and an EPS of 0.22 for Banco Santander SA's FY2024Q2.
What Does Intellectia's AI Predict for Banco Santander SA FY2024Q2 Earnings?
Intellectia's exclusive AI algorithms forecast a forBanco Santander SA's FY2024Q2 earnings, with a prediction date of Jul 24, 2024. Banco Santander SA
How Can I Use This Earnings Prediction to Trade SAN Stock?
Leverage Intellectia's AI forecast to position trades ahead of theJul 24, 2024 release—consider calls for a beat scenario or protective puts for misses. Focus on pre-market volatility, and use the scenario probabilities to build strategies around revenue and guidance updates.
How Accurate Is Intellectia's AI for Earnings Predictions Like Banco Santander SA FY2024Q2?
Intellectia's predictions are backed by rigorous backtesting, showing a high hit rate for Beat and Miss calls compared to traditional analysis. While no forecast is 100% certain, we provide probability-based scenarios (e.g., 50% chance of a *Beat*) and detailed rationales to help you make informed decisions. Combine our insights with your strategy for the best results—it's like having a co-pilot for earnings season! Empowering users to strategize trades before reports drop.
How does AI Earnings Prediction generate its forecasts?
AI Earnings Prediction uses advanced Large Language Models (LLMs) to analyze a wealth of data, including past earnings transcripts, real-time market sentiment, analyst insights, and company news from the last three months. It focuses on key indicators like revenue, EPS, and margins to predict whether a company will *Beat*, *Miss*, or remain Neutral relative to market expectations. Think of it as a super-smart analyst crunching numbers and news 24/7 to give you a trading edge!
When are the predictions available, and how often are they updated?
Predictions are generated two days before a company’s earnings release (e.g., 5:00 PM ET on Feb 13 for a Feb 15 report) to capture the latest market and company data. They’re updated in real-time if significant news breaks, ensuring you get fresh insights.
Can I use AI Earnings Prediction for all types of stocks?
Currently, AI Earnings Prediction focuses on companies with market caps above $40 billion, covering major players like SPG, AAPL, MSFT, and NVDA for the 2025-2026 earnings seasons. We prioritize high-impact stocks with robust data to ensure reliable forecasts. Stay tuned as we expand coverage to more companies based on user demand!
