UniCredit earnings, Revenue beat in Q1
Investing.com - UniCredit reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
UniCredit announced earnings per share of €0.24 on revenue of €4.69B. Analysts polled by Investing.com anticipated EPS of €0.2267 on revenue of €4.3B.
UniCredit shares are up 28% from the beginning of the year and are trading at €9.3500 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 11.5% year to date.
UniCredit follows other major Financial sector earnings this month
UniCredit's report follows an earnings beat by Intesa Sanpaolo on Thursday, who reported EPS of €0.055 on revenue of €5.61B, compared to forecasts EPS of €0.05 on revenue of €5.07B.
Banco Bpm had beat expectations on Thursday with first quarter EPS of €0.07 on revenue of €1.13B, compared to forecast for EPS of €0.03 on revenue of €1.06B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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