Investing.com - Aegon (NYSE:AEG) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Aegon announced earnings per share of €0.3808 on revenue of €8.26B. Analysts polled by Investing.com anticipated EPS of €0.3329 on revenue of €8.19B.
Aegon shares are up 9% from the beginning of the year, still down 11.50% from its 52 week high of €5.43 set on February 8. They are outperforming the STOXX 600 which is down 13.53% from the start of the year.
Aegon shares lost 0.56% 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 May 6, who reported EPS of €0.11 on revenue of €4.6B, compared to forecasts EPS of €0.1349 on revenue of €4.59B.
Flow Traders NV had beat expectations on April 22 with first quarter EPS of €1.24 on revenue of €123.72M, compared to forecast for EPS of €1.16 on revenue of €123.72M.
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