Banco de Sabadell Earnings, Revenue miss In Q1

  • Investing.com
Banco de Sabadell Earnings, Revenue miss In Q1
Credit: © Reuters.

Investing.com - Banco de Sabadell reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Banco de Sabadell announced earnings per share of €0.01 on revenue of €1.19B. Analysts polled by Investing.com anticipated EPS of €0.15 on revenue of €1.25B.

Banco de Sabadell shares are up 23% from the beginning of the year and are trading at €0.527 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is up 11.88% 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 €0.116 on revenue of €11.39B, compared to forecasts EPS of €0.0967 on revenue of €11.14B.

BBVA had beat expectations on Friday with first quarter EPS of €0.15 on revenue of €5.16B, compared to forecast for EPS of €0.135 on revenue of €5.08B.

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

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