Lloyds Banking Earnings, Revenue beat In Q2

  • Investing.com
Lloyds Banking Earnings, Revenue beat In Q2

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

Lloyds Banking announced earnings per share of £0.0281 on revenue of £3.9B. Analysts polled by Investing.com anticipated EPS of £0.0252 on revenue of £3.88B.

Lloyds Banking shares are up 25.6% from the beginning of the year and are trading at £45.77 , down-from-52-week-high.They are outperforming the FTSE 100 which is up 9.69% from the start of the year.

Lloyds Banking shares lost 2.16% in intra-day trade the report.

Lloyds Banking follows other major Financial sector earnings this month

Lloyds Banking's report follows an earnings beat by Barclays on Wednesday, who reported EPS of £0.123 on revenue of £5.42B, compared to forecasts EPS of £0.0986 on revenue of £5.32B.

St. James’s Place had missed expectations on Wednesday with second quarter EPS of £0.22 on revenue of £1.43B, compared to forecast for EPS of £14.57 on revenue of £95.77M.

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

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