Societe Generale earnings, Revenue beat in Q2

  • Investing.com
Societe Generale earnings, Revenue beat in Q2

Investing.com - Societe Generale (PA: SOGN ) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Societe Generale announced earnings per share of €1.50 on revenue of €24.37B. Analysts polled by Investing.com anticipated EPS of €0.9127 on revenue of €5.82B.

Societe Generale shares are up 55% from the beginning of the year and are trading at €26.45 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 16.63% year to date.

Societe Generale follows other major Financial sector earnings this month

Societe Generale's report follows an earnings beat by BNP Paribas on Friday, who reported EPS of €2.08 on revenue of €11.78B, compared to forecasts EPS of €1.78 on revenue of €11.29B.

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