UniCredit Earnings, Revenue beat in Q3

UniCredit Earnings, Revenue beat in Q3

Investing.com  | Nov 06, 2020 07:04

UniCredit Earnings, Revenue beat in Q3

Investing.com - UniCredit reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

UniCredit announced earnings per share of €0.31 on revenue of €4.36B. Analysts polled by Investing.com anticipated EPS of €0.2 on revenue of €4.28B.

UniCredit shares are down 46% from the beginning of the year and are trading at €7.0220 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 11.72% from the start of the year.

UniCredit follows other major Financial sector earnings this month

UniCredit's report follows an earnings matched by Intesa Sanpaolo on Tuesday, who reported EPS of €0.03 on revenue of €4.66B, compared to forecasts EPS of €0.03 on revenue of €4.48B.

Mediobanca had beat expectations on October 27 with third quarter EPS of €0.24 on revenue of €626M, compared to forecast for EPS of €0.22 on revenue of €597.33M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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