Investing.com - Lloyds Banking (LON:LLOY) ADR reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Lloyds Banking ADR announced earnings per share of £-0.06 on revenue of £4.49B. Analysts polled by Investing.com anticipated EPS of £-0.03 on revenue of £4.65B.
Lloyds Banking ADR shares are down 60.12% from the beginning of the year and are trading at £1.32 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Lloyds Banking ADR shares lost 8.33% in intra-day trade the report.
Lloyds Banking ADR follows other major Financial sector earnings this month
Lloyds Banking ADR's report follows an earnings beat by Mastercard on Thursday, who reported EPS of £1.36 on revenue of £3.34B, compared to forecasts EPS of £1.16 on revenue of £3.25B.
JPMorgan had beat expectations on July 14 with second quarter EPS of £1.38 on revenue of £33.82B, compared to forecast for EPS of £1.15 on revenue of £30.41B.
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