Investing.com - Barclays (LON:BARC) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Barclays announced earnings per share of £0.064 on revenue of £6.71B. Analysts polled by Investing.com anticipated EPS of £0.0785 on revenue of £6.04B.
Barclays shares are down 19.42% from the beginning of the year and are trading at £150.68 , down-from-52-week-high.They are under-performing the S&P Global 100 which is down 13.83% from the start of the year.
Barclays shares lost 4.43% in intra-day trade the report.
Barclays follows other major Financial sector earnings this month
Barclays's report follows an earnings beat by Lloyds Banking on Wednesday, who reported EPS of £0.0207 on revenue of £4.34B, compared to forecasts EPS of £0.0149 on revenue of £4.14B.
Commer Intl Bank had missed expectations on Monday with second quarter EPS of £0.0835 on revenue of £364.48M, compared to forecast for EPS of £0.1096 on revenue of £401.08M.
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