Banco de Sabadell Earnings miss, Revenue beats In Q4

  • Investing.com
Banco de Sabadell Earnings miss, Revenue beats In Q4

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

Banco de Sabadell announced earnings per share of €-0.04 on revenue of €1.36B. Analysts polled by Investing.com anticipated EPS of €-0.017 on revenue of €1.3B.

Banco de Sabadell shares are up 4% from the beginning of the year and are trading at €0.371 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 1.52% 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 BBVA on Friday, who reported EPS of €0.175 on revenue of €5.27B, compared to forecasts EPS of €0.1175 on revenue of €5.41B.

Caixabank had missed expectations on Friday with fourth quarter EPS of €0.11 on revenue of €2.15B, compared to forecast for EPS of €0.12 on revenue of €1.93B.

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

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