BBVA earnings, Revenue beat in Q1

  • Investing.com
BBVA earnings, Revenue beat in Q1
Credit: © Reuters.

Investing.com - BBVA (BME: BBVA ) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

BBVA announced earnings per share of €0.24 on revenue of €5.94B. Analysts polled by Investing.com anticipated EPS of €0.17 on revenue of €5.34B.

BBVA shares are down 4% from the beginning of the year and are trading at €5.034 , down-from-52-week-high.They are under-performing the IBEX 35 which is down 1.54% year to date.

BBVA shares gained 6.02% in intra-day trade the report.

BBVA follows other major Financial sector earnings this month

BBVA's report follows an earnings beat by Santander on Tuesday, who reported EPS of €0.141 on revenue of €12.31B, compared to forecasts EPS of €0.125 on revenue of €12.1B.

Mapfre had missed expectations on Friday with first quarter EPS of €0.05 on revenue of €7.57B, compared to forecast for EPS of €0.0629 on revenue of €5.7B.

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

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