HDFC Bank ADR Earnings beat, Revenue Inline In Q4

HDFC Bank ADR Earnings beat, Revenue Inline In Q4 - HDFC Bank ADR reported on Saturday fourth quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.

HDFC Bank ADR announced earnings per share of 0.6018 on revenue of 3.14B. Analysts polled by anticipated EPS of 0.5948 on revenue of 3.14B.

HDFC Bank ADR shares are up 3.63% from the beginning of the year and are trading at 74.88 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.

HDFC Bank ADR follows other major Financial sector earnings this month

HDFC Bank ADR's report follows an earnings beat by JPMorgan on Friday, who reported EPS of 3.79 on revenue of 30.16B, compared to forecasts EPS of 2.62 on revenue of 28.67B.

Citigroup had beat expectations on Friday with fourth quarter EPS of 2.08 on revenue of 16.5B, compared to forecast for EPS of 1.34 on revenue of 16.72B.

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