Investing.com - Intermediate Capital reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Intermediate Capital announced earnings per share of £1.01 on revenue of £506.7M. Analysts polled by Investing.com anticipated EPS of £62.70 on revenue of £242.60M.
Intermediate Capital shares are up 10% from the beginning of the year and are trading at £1,569.50 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 10.27% year to date.
Intermediate Capital shares lost 100.00% in pre-market trade the report.
Intermediate Capital follows other major Financial sector earnings this month
Intermediate Capital's report follows an earnings beat by State Bank India on Friday, May 13, 2022, who reported EPS of £1.32 on revenue of £5.56B, compared to forecasts EPS of £1.31 on revenue of £5.56B.
Barclays had beat expectations on Thursday, April 28, 2022 with first quarter EPS of £0.084 on revenue of £6.5B, compared to forecast for EPS of £0.0601 on revenue of £5.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar