Investors Bite

First Glance: EPS Beats Consensus’ as Higher Yields Drove Interest Income Northwards

May 2, 2017/Cordros Research Click here to download PDF Report Zenith Bank Plc (ZENITHBANK) published Q1-2017 result last week, reporting double-digit growth across most line items – gross earnings surged 48.58% y/y and 15.74% q/q, supported by impressive growth in interest income (+40.29% y/y and 19.43% q/q) and non-interest income […]

United Bank for Africa Plc Q1 2017 Results Underpin Outperform Rating

Culled—Proshare May 2, 2017/FBNQuest Research 11% / 10% increase to our 2017-18E EPS / price target UBA has started the year strongly. The Q1 2017 PBT and PAT grew very strongly y/y and came in ahead of our expectations. As such we have increased our 2017-18E earnings forecasts by an […]

MasterCard Says Q1 2017 Net Revenue up 12% to $2.7 billion

May 2, 2017/Mastercard Click here to download full Earnings Release Mastercard Incorporated (NYSE: MA) today announced its financial results for its first quarter of 2017 through an earnings release that is available on the company’s Investor Relations website at www.mastercard.com/investor.  The earnings release will be furnished with the Securities and […]