Investing.com - Aegon (NYSE:AEG) reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Aegon announced earnings per share of €0.1915 on revenue of €6.18B. Analysts polled by Investing.com anticipated EPS of €0.242 on revenue of €6.12B.
Aegon shares are up 13% from the beginning of the year, still down 8.53% from its 52 week high of €5.43 set on February 8. They are outperforming the AEX which is down 3.6% from the start of the year.
Aegon shares lost 7.20% in intra-day trade following the report.
Aegon follows other major Financial sector earnings this month
Aegon's report follows an earnings missed by ING Groep on February 3, who reported EPS of €0.25 on revenue of €4.62B, compared to forecasts EPS of €0.2676 on revenue of €4.47B.
ABN AMRO had beat expectations on Wednesday with fourth quarter EPS of €0.56 on revenue of €2.28B, compared to forecast for EPS of €0.2594 on revenue of €2.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar