Lloyds Banking Earnings, Revenue beat In Q1

  • Investing.com
Lloyds Banking Earnings, Revenue beat In Q1

Investing.com - Lloyds Banking (LON: LLOY ) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Lloyds Banking announced earnings per share of £0.015 on revenue of £4.11B. Analysts polled by Investing.com anticipated EPS of £0.0148 on revenue of £4.04B.

Lloyds Banking shares are down 2.09% from the beginning of the year and are trading at £46.80 , down-from-52-week-high.They are under-performing the TR UK 50 which is up 3.36% from the start of the year.

Lloyds Banking shares gained 1.98% in intra-day trade the report.

Lloyds Banking follows other major Financial sector earnings this month

Lloyds Banking's report follows an earnings missed by HSBC on Tuesday, who reported EPS of £0.1109 on revenue of £9.94B, compared to forecasts EPS of £0.131 on revenue of £9.76B.

Commer Intl Bank had missed expectations on Tuesday, April 19, 2022 with first quarter EPS of £0.1012 on revenue of £420.68M, compared to forecast for EPS of £0.1064 on revenue of £408.78M.

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

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