Investing.com - Banco Bradesco reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Banco Bradesco announced earnings per share of 0.1182 on revenue of 4.8B. Analysts polled by Investing.com anticipated EPS of 0.1092 on revenue of 4.8B.
Banco Bradesco shares are down 17.49% from the beginning of the year, still down 20.51% from its 52 week high of 5.46 set on December 17, 2020. They are under-performing the EUR/USD which is down 0% from the start of the year.
Banco Bradesco follows other major Financial sector earnings this month
Banco Bradesco's report follows an earnings beat by Berkshire Hathaway on Saturday, who reported EPS of 4571.96 on revenue of 67.48B, compared to forecasts EPS of 3818.2 on revenue of 63.41B.
JPMorgan had beat expectations on April 14 with first quarter EPS of 4.5 on revenue of 33.12B, compared to forecast for EPS of 3.1 on revenue of 30.49B.
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