Investing.com - Sumitomo Mitsui Financial ADR reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sumitomo Mitsui Financial ADR announced earnings per share of ¥0.26 on revenue of ¥12.09B. Analysts polled by Investing.com anticipated EPS of ¥0.15 on revenue of ¥6.41B.
Sumitomo Mitsui Financial ADR shares are down 19.7% from the beginning of the year and are trading at ¥5.95 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Sumitomo Mitsui Financial ADR shares gained 0.34% in intra-day trade the report.
Sumitomo Mitsui Financial ADR follows other major Financial sector earnings this month
Sumitomo Mitsui Financial ADR's report follows an earnings missed by Berkshire Hathaway on November 6, who reported EPS of ¥3447.19 on revenue of ¥61.57B, compared to forecasts EPS of ¥3613.77 on revenue of ¥61.49B.
Mastercard had missed expectations on October 28 with third quarter EPS of ¥1.6 on revenue of ¥3.84B, compared to forecast for EPS of ¥1.65 on revenue of ¥3.95B.
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