Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Banco Macro B ADR Earnings Beat, Revenue Misses In Q1

Published 05/24/2022, 08:10 AM

Investing.com - Banco Macro B ADR reported on Monday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Banco Macro B ADR announced earnings per share of 0.8153 on revenue of 281.74M. Analysts polled by Investing.com anticipated EPS of 0.7989 on revenue of 285.64M.

Banco Macro B ADR shares are up 15.05% from the beginning of the year, still down 23.92% from its 52 week high of 21.20 set on September 13, 2021. They are outperforming the EUR/USD which is down 0% from the start of the year.

Banco Macro B ADR follows other major Financial sector earnings this month

Banco Macro B ADR's report follows an earnings beat by Berkshire Hathaway A on May 2, who reported EPS of 4774.01 on revenue of 70.81B, compared to forecasts EPS of 4277.66 on revenue of 70.32B.

China Construction Bank Corp had missed expectations on April 29 with first quarter EPS of 1.06 on revenue of 30.4B, compared to forecast for EPS of 1.07 on revenue of 32.33B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.