Mediobanca Earnings miss, Revenue beats In Q4

  • Investing.com
Mediobanca Earnings miss, Revenue beats In Q4

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

Mediobanca announced earnings per share of €0.22 on revenue of €704M. Analysts polled by Investing.com anticipated EPS of €0.2369 on revenue of €685.33M.

Mediobanca shares are down 17% from the beginning of the year and are trading at €8.360 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 10.15% from the start of the year.

Mediobanca follows other major Financial sector earnings this month

Mediobanca's report follows an earnings beat by UniCredit on Tuesday, who reported EPS of €0.84 on revenue of €4.8B, compared to forecasts EPS of €0.38 on revenue of €4.51B.

Azimut Holding had missed expectations on Thursday with second quarter EPS of €0.6133 on revenue of €339M, compared to forecast for EPS of €0.7169 on revenue of €316.62M.

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

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