Investing.com - BanColombia ADR reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
BanColombia ADR announced earnings per share of 1.76 on revenue of 1.21B. Analysts polled by Investing.com anticipated EPS of 1.08 on revenue of 1.24B.
BanColombia ADR shares are up 16.75% from the beginning of the year and are trading at 36.88 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
BanColombia ADR follows other major Financial sector earnings this month
BanColombia ADR's report follows an earnings beat by Berkshire Hathaway A on May 2, who reported EPS of 4774.01 on revenue of 70.81B, compared to forecasts EPS of 4277.66 on revenue of 70.32B.
JPMorgan had missed expectations on April 13 with first quarter EPS of 2.63 on revenue of 30.72B, compared to forecast for EPS of 2.7 on revenue of 30.66B.
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