Lloyds Banking Earnings, Revenue beat In Q2
Investing.com - Lloyds Banking (LON: LLOY ) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Lloyds Banking announced earnings per share of £0.0161 on revenue of £4.34B. Analysts polled by Investing.com anticipated EPS of £0.0149 on revenue of £4.14B.
Lloyds Banking shares are down 4.87% from the beginning of the year and are trading at £45.47 , down-from-52-week-high.They are under-performing the FTSE 100 which is down 0.61% from the start of the year.
Lloyds Banking shares gained 4.43% 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 Commer Intl Bank on Monday, who reported EPS of £0.0835 on revenue of £364.48M, compared to forecasts EPS of £0.1096 on revenue of £401.08M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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