Caixabank earnings miss, Revenue beats in Q2

  • Investing.com
Caixabank earnings miss, Revenue beats in Q2

Investing.com - Caixabank reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Caixabank announced earnings per share of €-0.08 on revenue of €2.75B. Analysts polled by Investing.com anticipated EPS of €-0.0733 on revenue of €2.74B.

Caixabank shares are up 18% from the beginning of the year and are trading at €2.500 , down-from-52-week-high.They are outperforming the IBEX 35 which is up 7.46% year to date.

Caixabank follows other major Financial sector earnings this month

Caixabank's report follows an earnings beat by Santander on Wednesday, who reported EPS of €0.112 on revenue of €11.31B, compared to forecasts EPS of €0.11 on revenue of €11.04B.

BBVA had beat expectations on Friday with second quarter EPS of €0.18 on revenue of €4.69B, compared to forecast for EPS of €0.1 on revenue of €4.95B.

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

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