Investing.com - Aegon (NYSE:AEG) reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Aegon announced earnings per share of €-0.19 on revenue of €4.75B. Analysts polled by Investing.com anticipated EPS of €0.0641 on revenue of €7.12B.
Aegon shares are up 10% from the beginning of the year, still down 10.72% from its 52 week high of €5.43 set on February 8. They are outperforming the AEX which is down 9.04% from the start of the year.
Aegon shares lost 100.00% in pre-market trade following the report.
Aegon follows other major Financial sector earnings this month
Aegon's report follows an earnings beat by ING Groep on August 4, who reported EPS of €0.31 on revenue of €4.68B, compared to forecasts EPS of €0.293 on revenue of €4.53B.
ABN AMRO had beat expectations on Monday with second quarter EPS of €0.5 on revenue of €1.88B, compared to forecast for EPS of €0.303 on revenue of €1.79B.
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