Investing.com - NatWest Group reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
NatWest Group announced earnings per share of £-0.009 on revenue of £2.54B. Analysts polled by Investing.com anticipated EPS of £0.0017 on revenue of £2.64B.
NatWest Group shares are up 4% from the beginning of the year and are trading at £175.12 , down-from-52-week-high.They are outperforming the FTSE 100 which is up 2.5% from the start of the year.
NatWest Group shares gained 2.19% in intra-day trade the report.
NatWest Group follows other major Financial sector earnings this month
NatWest Group's report follows an earnings beat by Barclays on Thursday, who reported EPS of £0.013 on revenue of £4.94B, compared to forecasts EPS of £-0.0049 on revenue of £4.56B.
Ashmore had missed expectations on February 10 with second quarter EPS of £0.18 on revenue of £154.5M, compared to forecast for EPS of £14.08 on revenue of £173.45M.
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