Investing.com - Aegon (NYSE:AEG) ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Aegon ADR announced earnings per share of €0.4055 on revenue of €8.79B. Analysts polled by Investing.com anticipated EPS of €0.3634 on revenue of €8.99B.
Aegon ADR shares are up 9% from the beginning of the year, still down 19.05% from its 52 week high of €6.22 set on February 8. They are outperforming the AEX which is down 15.65% from the start of the year.
Aegon ADR shares gained 1.92% in intra-day trade following the report.
Aegon ADR follows other major Financial sector earnings this month
Aegon ADR's report follows an earnings beat by Berkshire Hathaway A on May 2, who reported EPS of €4774.01 on revenue of €70.81B, compared to forecasts EPS of €4277.66 on revenue of €70.32B.
JPMorgan had missed expectations on April 13 with first quarter EPS of €2.63 on revenue of €30.72B, compared to forecast for EPS of €2.7 on revenue of €30.66B.
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