Abrdn earnings, Revenue miss in Q4

  • Investing.com
Abrdn earnings, Revenue miss in Q4
Credit: © Reuters.

Investing.com - Abrdn reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Abrdn announced earnings per share of £0.41 on revenue of £669.0M. Analysts polled by Investing.com anticipated EPS of £6.59 on revenue of £755.49M.

Abrdn shares are down 18% from the beginning of the year and are trading at £195.75 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 9.32% year to date.

Abrdn follows other major Financial sector earnings this month

Abrdn's report follows an earnings missed by HSBC on Tuesday, February 22, 2022, who reported EPS of £0.0883 on revenue of £8.89B, compared to forecasts EPS of £0.1 on revenue of £8.85B.

State Bank India had missed expectations on Saturday, February 5, 2022 with fourth quarter EPS of £1.26 on revenue of £5.27B, compared to forecast for EPS of £1.27 on revenue of £5.27B.

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

Related Articles