Caixabank earnings miss, Revenue beats in Q4

  • Investing.com
Caixabank earnings miss, Revenue beats in Q4

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

Caixabank announced earnings per share of €0.095 on revenue of €2.15B. Analysts polled by Investing.com anticipated EPS of €0.12 on revenue of €1.93B.

Caixabank shares are down 6% from the beginning of the year and are trading at €2.090 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 0.79% year to date.

Caixabank follows other major Financial sector earnings this month

Caixabank's report follows an earnings beat by BBVA on Friday, who reported EPS of €0.15 on revenue of €5.48B, compared to forecasts EPS of €0.1175 on revenue of €5.41B.

Bankia had missed expectations on Tuesday, October 27, 2020 with fourth quarter EPS of €0.0121 on revenue of €788M, compared to forecast for EPS of €0.0225 on revenue of €794.04M.

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

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