Societe Generale Earnings, Revenue miss In Q2

  • Investing.com
Societe Generale Earnings, Revenue miss In Q2
Credit: © Reuters.

Investing.com - Societe Generale (EPA: SOGN ) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Societe Generale announced earnings per share of €-1.1 on revenue of €4.44B. Analysts polled by Investing.com anticipated EPS of €1.34 on revenue of €6.48B.

Societe Generale shares are down 28% from the beginning of the year and are trading at €21.64 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 10.6% from the start of the year.

Societe Generale shares lost 100.00% in pre-market trade the report.

Societe Generale follows other major Financial sector earnings this month

Societe Generale's report follows an earnings beat by BNP Paribas on Friday, who reported EPS of €2.51 on revenue of €12.78B, compared to forecasts EPS of €2.23 on revenue of €12.38B.

Amundi had missed expectations on Friday with second quarter EPS of €1.32 on revenue of €754M, compared to forecast for EPS of €1.37 on revenue of €765.11M.

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

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100