Erste Group Bank AG earnings miss, Revenue beats in Q2

  • Investing.com
Erste Group Bank AG earnings miss, Revenue beats in Q2
Credit: © Reuters.

Investing.com - Erste Group Bank AG reported on Monday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Erste Group Bank AG announced earnings per share of €1.05 on revenue of €2.07B. Analysts polled by Investing.com anticipated EPS of €1.25 on revenue of €2.06B.

Erste Group Bank AG shares are down 42% from the beginning of the year and are trading at €23.955 , down-from-52-week-high.They are under-performing the ATX which is down 21.74% year to date.

Erste Group Bank AG shares lost 3.02% in intra-day trade the report.

Erste Group Bank AG follows other major Financial sector earnings this month

Erste Group Bank AG's report follows an earnings beat by BAWAG on Thursday, July 21, 2022, who reported EPS of €2.74 on revenue of €650.7M, compared to forecasts EPS of €1.39 on revenue of €321.85M.

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