Banco de Sabadell Earnings miss, Revenue beats In Q2

  • Investing.com
Banco de Sabadell Earnings miss, Revenue beats In Q2

Investing.com - Banco de Sabadell reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Banco de Sabadell announced earnings per share of €0.03 on revenue of €1.13B. Analysts polled by Investing.com anticipated EPS of €0.15 on revenue of €1.12B.

Banco de Sabadell shares are down 0% from the beginning of the year and are trading at €0.577 , down-from-52-week-high.They are under-performing the PSI 20 which is up 3.19% from the start of the year.

Banco de Sabadell follows other major Financial sector earnings this month

Banco de Sabadell's report follows an earnings beat by Santander on Wednesday, who reported EPS of €0.112 on revenue of €11.31B, compared to forecasts EPS of €0.11 on revenue of €11.05B.

BBVA had beat expectations on Friday with second quarter EPS of €0.18 on revenue of €4.69B, compared to forecast for EPS of €0.05 on revenue of €4.93B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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