Investing.com - Admiral Group (LON:ADML) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Admiral Group announced earnings per share of £0.64 on revenue of £718.3M. Analysts polled by Investing.com anticipated EPS of £66.87 on revenue of £1,874M.
Admiral Group shares are down 0% from the beginning of the year, still down 31.46% from its 52 week high of £3,706.00 set on August 20, 2021. They are outperforming the STOXX 600 which is down 10.34% from the start of the year.
Admiral Group follows other major Financial sector earnings this month
Admiral Group's report follows an earnings missed by HSBC on February 22, who reported EPS of £0.0883 on revenue of £8.89B, compared to forecasts EPS of £0.1 on revenue of £8.85B.
State Bank India had missed expectations on February 5 with fourth quarter EPS of £1.26 on revenue of £5.27B, compared to forecast for EPS of £1.27 on revenue of £5.27B.
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