Investing.com - Mapfre reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Mapfre announced earnings per share of €0.05 on revenue of €5.36B. Analysts polled by Investing.com anticipated EPS of €0.0629 on revenue of €5.7B.
Mapfre shares are down 3% from the beginning of the year and are trading at €1.745 , down-from-52-week-high.They are under-performing the IBEX 35 which is down 2.31% year to date.
Mapfre follows other major Financial sector earnings this month
Mapfre's report follows an earnings beat by Santander on Tuesday, who reported EPS of €0.141 on revenue of €12.31B, compared to forecasts EPS of €0.125 on revenue of €12.1B.
Bankinter had beat expectations on Friday, April 22, 2022 with first quarter EPS of €0.17 on revenue of €499M, compared to forecast for EPS of €0.1332 on revenue of €479.77M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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