Investing.com - Synovus reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Synovus announced earnings per share of $0.23 on revenue of $472.8M. Analysts polled by Investing.com anticipated EPS of $0.04 on revenue of $446.02M.
Synovus shares are down 53.65% from the beginning of the year and are trading at $18.17 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Synovus follows other major Financial sector earnings this month
Synovus's report follows an earnings beat by JPMorgan on July 14, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.15 on revenue of $30.41B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
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