Investing.com - Banco Bilbao (NYSE:BBVA) ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Banco Bilbao ADR announced earnings per share of €0.12 on revenue of €6.56B. Analysts polled by Investing.com anticipated EPS of €0.09 on revenue of €6.22B.
Banco Bilbao ADR shares are down 44.44% from the beginning of the year , still down 46.55% from its 52 week high of €5.80 set on February 12. They are under-performing the EUR/USD which is down 0% from the start of the year.
Banco Bilbao ADR follows other major Financial sector earnings this month
Banco Bilbao ADR's report follows an earnings beat by Mastercard on Thursday, who reported EPS of €1.36 on revenue of €3.34B, compared to forecasts EPS of €1.16 on revenue of €3.25B.
JPMorgan had beat expectations on July 14 with second quarter EPS of €1.38 on revenue of €33.82B, compared to forecast for EPS of €1.15 on revenue of €30.41B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar