Investing.com - Barclays (LON:BARC) ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Barclays ADR announced earnings per share of £0.4202 on revenue of £8.12B. Analysts polled by Investing.com anticipated EPS of £0.3124 on revenue of £7.48B.
Barclays ADR shares are down 29.66% from the beginning of the year and are trading at £7.520 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Barclays ADR shares gained 3.30% in pre-market trade the report.
Barclays ADR follows other major Financial sector earnings this month
Barclays ADR's report follows an earnings missed by JPMorgan on April 13, who reported EPS of £2.63 on revenue of £30.72B, compared to forecasts EPS of £2.7 on revenue of £30.66B.
Bank of America had beat expectations on April 18 with first quarter EPS of £0.8 on revenue of £23.23B, compared to forecast for EPS of £0.7495 on revenue of £23.13B.
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