Investing.com - Santander (MC:SAN) ADR reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Santander ADR announced earnings per share of €0.1401 on revenue of €13.76B. Analysts polled by Investing.com anticipated EPS of €0.1074 on revenue of €13.32B.
Santander ADR shares are up 21% from the beginning of the year and are trading at €3.66 , down-from-52-week-high.They are outperforming the IBEX 35 which is up 8.6% from the start of the year.
Santander ADR follows other major Financial sector earnings this month
Santander ADR's report follows an earnings beat by JPMorgan on April 14, who reported EPS of €4.5 on revenue of €33.12B, compared to forecasts EPS of €3.1 on revenue of €30.49B.
UnitedHealth had beat expectations on April 15 with first quarter EPS of €5.31 on revenue of €70.2B, compared to forecast for EPS of €4.39 on revenue of €69.07B.
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