Reported Earlier, Banco Macro Q2 EPS $2.17 Beats $1.59 Estimate, Sales $733.921M Miss $864.780M Estimate

Banco Macro (NYSE:BMA) reported quarterly earnings of $2.17 per share which beat the analyst consensus estimate of $1.59 by 36.48 percent. This is a 11.28 percent increase over earnings of $1.95 per share from the same period last year. The company reported quarterly sales of $733.921 million which missed the analyst consensus estimate of $864.780 million by 15.13 percent. This is a 5.31 percent increase over sales of $696.889 million the same period last year.