Investing.com - BNP Paribas (OTC:BNPQY) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BNP Paribas announced earnings per share of €1.08 on revenue of €11.83B. Analysts polled by Investing.com anticipated EPS of €0.991 on revenue of €11.23B.
BNP Paribas shares are up 23% from the beginning of the year, still down 2.18% from its 52 week high of €54.58 set on April 29. They are outperforming the Euro Stoxx 50 which is up 11.88% from the start of the year.
BNP Paribas follows other major Financial sector earnings this month
BNP Paribas's report follows an earnings beat by Amundi on Thursday, who reported EPS of €1.53 on revenue of €770M, compared to forecasts EPS of €1.28 on revenue of €689.29M.
Euronext had beat expectations on Wednesday with first quarter EPS of €1.4 on revenue of €249.2M, compared to forecast for EPS of €1.25 on revenue of €239.52M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar