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 ¥0.3237 on revenue of ¥8.89B. Analysts polled by Investing.com anticipated EPS of ¥0.2027 on revenue of ¥6.3B.
Sumitomo Mitsui Financial ADR shares are up 9.24% from the beginning of the year and are trading at ¥6.740 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
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 A on November 6, who reported EPS of ¥4302.7 on revenue of ¥73.08B, compared to forecasts EPS of ¥4536.17 on revenue of ¥72.79B.
Bank of America had beat expectations on October 14 with third quarter EPS of ¥0.85 on revenue of ¥22.77B, compared to forecast for EPS of ¥0.7088 on revenue of ¥21.68B.
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