Mediobanca Earnings, Revenue beat In Q2

  • Investing.com
Mediobanca Earnings, Revenue beat In Q2

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

Mediobanca announced earnings per share of €0.26 on revenue of €753M. Analysts polled by Investing.com anticipated EPS of €0.25 on revenue of €694M.

Mediobanca shares are up 4% from the beginning of the year and are trading at €10.595 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 2.9% from the start of the year.

Mediobanca shares gained 2.27% 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 Thursday, February 3, 2022, who reported EPS of €0.02 on revenue of €5.02B, compared to forecasts EPS of €0.0047 on revenue of €4.97B.

UniCredit had beat expectations on Thursday, January 27, 2022 with fourth quarter EPS of €0.3529 on revenue of €4.44B, compared to forecast for EPS of €0.2786 on revenue of €4.24B.

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