Natixis earnings beat, Revenue misses in Q1

  • Investing.com
Natixis earnings beat, Revenue misses in Q1

Investing.com - Natixis reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Natixis announced earnings per share of €0.06 on revenue of €2.09B. Analysts polled by Investing.com anticipated EPS of €0.047 on revenue of €2.14B.

Natixis shares are up 45% from the beginning of the year and are trading at €4.07 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 10.52% year to date.

Natixis follows other major Financial sector earnings this month

Natixis's report follows an earnings beat by BNP Paribas on Friday, April 30, 2021, who reported EPS of €1.12 on revenue of €11.83B, compared to forecasts EPS of €0.991 on revenue of €11.23B.

Amundi had beat expectations on Thursday, April 29, 2021 with first quarter EPS of €1.53 on revenue of €770M, compared to forecast for EPS of €1.28 on revenue of €689.29M.

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