Investing.com - AXA reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
AXA announced earnings per share of €0.56 on revenue of €47.95B. Analysts polled by Investing.com anticipated EPS of €1.42 on revenue of €54,417M.
AXA shares are down 32% from the beginning of the year, still down 33.50% from its 52 week high of €25.61 set on February 17. They are under-performing the Euro Stoxx 50 which is down 13.48% from the start of the year.
AXA follows other major Financial sector earnings this month
AXA's report follows an earnings beat by BNP Paribas on July 31, who reported EPS of €1.8 on revenue of €11.68B, compared to forecasts EPS of €1.23 on revenue of €10.9B.
Worldline SA had missed expectations on July 23 with second quarter EPS of €0.62 on revenue of €514.5M, compared to forecast for EPS of €0.99 on revenue of €593M.
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