Investing.com - Banca Mediolanum reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Banca Mediolanum announced earnings per share of €0.6 on revenue of €1.39B. Analysts polled by Investing.com anticipated EPS of €0.4549 on revenue of €643.33M.
Banca Mediolanum shares are down 1.38% from the beginning of the year, still down 13.47% from its 52 week high of €9.89 set on October 15, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Banca Mediolanum follows other major Financial sector earnings this month
Banca Mediolanum's report follows an earnings beat by Intesa Sanpaolo on February 3, who reported EPS of €0.02 on revenue of €5.02B, compared to forecasts EPS of €0.0047 on revenue of €4.97B.
UniCredit had beat expectations on January 27 with fourth quarter EPS of €0.3529 on revenue of €4.44B, compared to forecast for EPS of €0.2786 on revenue of €4.24B.
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