Mediobanca Earnings miss, Revenue beats In Q1

  • Investing.com
Mediobanca Earnings miss, Revenue beats In Q1

Investing.com - Mediobanca reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Mediobanca announced earnings per share of €0.2039 on revenue of €687.7M. Analysts polled by Investing.com anticipated EPS of €0.2241 on revenue of €674.75M.

Mediobanca shares are down 2% from the beginning of the year and are trading at €9.852 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 12.8% from the start of the year.

Mediobanca shares gained 0.76% in intra-day trade the report.

Mediobanca follows other major Financial sector earnings this month

Mediobanca's report follows an earnings beat by Intesa Sanpaolo on Friday, who reported EPS of €0.05 on revenue of €5.41B, compared to forecasts EPS of €0.0401 on revenue of €4.92B.

UniCredit had beat expectations on Thursday, May 5, 2022 with first quarter EPS of €0.19 on revenue of €5.02B, compared to forecast for EPS of €0.1649 on revenue of €4.42B.

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

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