HDFC Bank ADR earnings beat, Revenue misses in Q4

HDFC Bank ADR earnings beat, Revenue misses in Q4 - HDFC Bank (NS: HDBK ) ADR reported on Saturday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

HDFC (NS: HDFC ) Bank ADR announced earnings per share of 0.7249 on revenue of 3.59B. Analysts polled by anticipated EPS of 0.7187 on revenue of 3.61B.

HDFC Bank ADR shares are up 10.24% from the beginning of the year and are trading at 71.73 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% year to date.

HDFC Bank ADR follows other major Financial sector earnings this month

HDFC Bank ADR's report follows an earnings beat by JPMorgan on Friday, who reported EPS of 3.33 on revenue of 29.26B, compared to forecasts EPS of 3.01 on revenue of 29.78B.

Wells Fargo&Co had beat expectations on Friday with fourth quarter EPS of 1.38 on revenue of 20.86B, compared to forecast for EPS of 1.11 on revenue of 18.84B.

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