Grupo Supervielle: Q1 Earnings Snapshot

By The Associated Press

BUENOS AIRES, Argentina (AP) _ Grupo Supervielle SA (SUPV) on Thursday reported first-quarter net income of $2.1 million.

The bank, based in Buenos Aires, Argentina, said it had earnings of 2 cents per share.

The financial services provider posted revenue of $237.4 million in the period. Its revenue net of interest expense was $120.6 million, falling short of Street forecasts.

In the final minutes of trading on Thursday, the company’s shares hit $1.86. A year ago, they were trading at $2.36.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SUPV at https://www.zacks.com/ap/SUPV

The Associated Press

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