Investing.com - AXA reported on Monday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
AXA announced earnings per share of €1.63 on revenue of €48.93B. Analysts polled by Investing.com anticipated EPS of €1.39 on revenue of €51,194M.
AXA shares are up 8% from the beginning of the year, still down 5.63% from its 52 week high of €24.16 set on May 6. They are under-performing the STOXX 600 which is up 16.4% from the start of the year.
AXA follows other major Financial sector earnings this month
AXA's report follows an earnings beat by Amundi on Friday, who reported EPS of €1.7 on revenue of €849M, compared to forecasts EPS of €1.37 on revenue of €716.24M.
SCOR had beat expectations on July 28 with second quarter EPS of €1.8 on revenue of €4.32B, compared to forecast for EPS of €0.9017 on revenue of €3.89B.
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