Investing.com - Banco Santander (BME:SAN) Brasil ADR reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Banco Santander Brasil ADR announced earnings per share of 0.2143 on revenue of 3.72B. Analysts polled by Investing.com anticipated EPS of 0.2116 on revenue of 3.81B.
Banco Santander Brasil ADR shares are up 17.88% from the beginning of the year, still down 31.72% from its 52 week high of 9.27 set on June 16, 2021. They are outperforming the EUR/USD which is down 0% from the start of the year.
Banco Santander Brasil ADR follows other major Financial sector earnings this month
Banco Santander Brasil ADR's report follows an earnings missed by JPMorgan on April 13, who reported EPS of 2.63 on revenue of 30.72B, compared to forecasts EPS of 2.7 on revenue of 30.66B.
Bank of America had beat expectations on April 18 with first quarter EPS of 0.8 on revenue of 23.23B, compared to forecast for EPS of 0.7495 on revenue of 23.13B.
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