Banco Macro Q2 EPS $1.95 Misses $1.99 Estimate, Sales $696.889M Miss $848.730M Estimate

Banco Macro (NYSE: BMA) reported quarterly earnings of $1.95 per share which missed the analyst consensus estimate of $1.99 by 2.01 percent. This is a 135.91 percent increase over losses of $(5.43) per share from the same period last year. The company reported quarterly sales of $696.889 million which missed the analyst consensus estimate of $848.730 million by 17.89 percent. This is a 163.10 percent increase over sales of $264.881 million the same period last year.