Investing.com - Aareal Bank AG reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Aareal Bank AG announced earnings per share of €-1.56 on revenue of €217.0M. Analysts polled by Investing.com anticipated EPS of €-1.62 on revenue of €203M.
Aareal Bank AG shares are down 10% from the beginning of the year, still down 23.69% from its 52 week high of €29.25 set on February 25, 2020. They are under-performing the IBEX 35 which is up 3.19% from the start of the year.
Aareal Bank AG follows other major Financial sector earnings this month
Aareal Bank AG's report follows an earnings missed by Allianz on February 19, who reported EPS of €4.39 on revenue of €35.6B, compared to forecasts EPS of €4.51 on revenue of €33.45B.
Deutsche Boerse had beat expectations on February 11 with fourth quarter EPS of €1.51 on revenue of €814M, compared to forecast for EPS of €1.42 on revenue of €791.18M.
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