Latest news with #GGAL

Yahoo
2 days ago
- Business
- Yahoo
Grupo Financiero Galicia: Q1 Earnings Snapshot
BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Grupo Financiero Galicia SA (GGAL) on Tuesday reported first-quarter earnings of $154.1 million. The Buenos Aires, Argentina-based bank said it had earnings of 96 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share. The financial services provider posted revenue of $2.18 billion in the period. Its revenue net of interest expense was $1.51 billion, which did not meet Street forecasts. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GGAL at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo
2 days ago
- Business
- Yahoo
Grupo Financiero Galicia: Q1 Earnings Snapshot
BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Grupo Financiero Galicia SA (GGAL) on Tuesday reported first-quarter earnings of $154.1 million. The Buenos Aires, Argentina-based bank said it had earnings of 96 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share. The financial services provider posted revenue of $2.18 billion in the period. Its revenue net of interest expense was $1.51 billion, which did not meet Street forecasts. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GGAL at


Washington Post
2 days ago
- Business
- Washington Post
Grupo Financiero Galicia: Q1 Earnings Snapshot
BUENOS AIRES, Argentina — BUENOS AIRES, Argentina — Grupo Financiero Galicia SA (GGAL) on Tuesday reported first-quarter earnings of $154.1 million. The Buenos Aires, Argentina-based bank said it had earnings of 96 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share.


Business Insider
3 days ago
- Business
- Business Insider
Grupo Financiero Galicia files to sell 11.72M ADSs for holders
Grupo Financiero Galicia (GGAL) S.A. announced the launch of an underwritten secondary offering by HSBC Bank of 11.72M American Depositary Shares, or ADSs, representing 117.2M Class B ordinary shares of the company. All of the ADSs are being offered by the selling shareholder. The selling shareholder will receive all of the proceeds from the offering. The company is not selling any ADSs in the offering and will not receive any proceeds from the offering. Morgan Stanley & Co. and Goldman Sachs & Co. are acting as the representatives of the underwriters of the offering. Confident Investing Starts Here: