Standard Chartered Earnings beat, Revenue misses In Q2

  • Investing.com
Standard Chartered Earnings beat, Revenue misses In Q2

Investing.com - Standard Chartered (LON: STAN ) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Standard Chartered announced earnings per share of $0.282 on revenue of $3.91B. Analysts polled by Investing.com anticipated EPS of $0.2173 on revenue of $3.97B.

Standard Chartered shares are up 26.72% from the beginning of the year and are trading at $568.20 , down-from-52-week-high.They are outperforming the FTSE 100 which is down 0.04% from the start of the year.

Standard Chartered shares gained 0.25% in intra-day trade the report.

Standard Chartered follows other major Financial sector earnings this month

Standard Chartered's report follows an earnings beat by Lloyds Banking on Wednesday, who reported EPS of $0.0207 on revenue of $4.34B, compared to forecasts EPS of $0.0149 on revenue of $4.14B.

Barclays had missed expectations on Thursday with second quarter EPS of $0.064 on revenue of $6.71B, compared to forecast for EPS of $0.0785 on revenue of $6.04B.

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

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