HDFC Bank ADR Earnings miss, Revenue beats In Q2

HDFC Bank ADR Earnings miss, Revenue beats In Q2 - HDFC Bank ADR reported on Saturday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

HDFC Bank ADR announced earnings per share of 0.5 on revenue of 2.79B. Analysts polled by anticipated EPS of 0.51 on revenue of 2.71B.

HDFC Bank ADR shares are down 11.63% from the beginning of the year and are trading at 57.22 , down-from-52-week-high.They are under-performing 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 UnitedHealth on Wednesday, who reported EPS of 3.51 on revenue of 65.12B, compared to forecasts EPS of 3.11 on revenue of 63.79B.

JPMorgan had beat expectations on Tuesday with third quarter EPS of 2.92 on revenue of 29.94B, compared to forecast for EPS of 2.23 on revenue of 28.22B.

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