Investing.com - B. Sabadell reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
B. Sabadell announced earnings per share of €0.01 on revenue of €1.33B. Analysts polled by Investing.com anticipated EPS of €0.02 on revenue of €1.18B.
B. Sabadell shares are down 74% from the beginning of the year and are trading at €0.262 , down-from-52-week-high.They are under-performing the IBEX 35 which is down 32.43% from the start of the year.
B. Sabadell follows other major Financial sector earnings this month
B. Sabadell's report follows an earnings matched by Santander on October 26, who reported EPS of €0.11 on revenue of €11.09B, compared to forecasts EPS of €0.11 on revenue of €10.62B.
Caixabank had matched expectations on July 31 with second quarter EPS of €0.02 on revenue of €2.13B, compared to forecast for EPS of €0.02 on revenue of €2B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar