Investing.com - Banco Santander (MC:SAN) Brasil ADR reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Banco Santander Brasil ADR announced earnings per share of 0.1957 on revenue of 2.77B. Analysts polled by Investing.com anticipated EPS of 0.1739 on revenue of 3.19B.
Banco Santander Brasil ADR shares are up 27% from the beginning of the year, still down 25.12% from its 52 week high of 10.11 set on February 5, 2020. They are outperforming the Nasdaq which is up 5.6% 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 beat by JPMorgan on January 15, who reported EPS of 3.79 on revenue of 30.16B, compared to forecasts EPS of 2.62 on revenue of 28.67B.
Mastercard had beat expectations on January 28 with fourth quarter EPS of 1.64 on revenue of 4.12B, compared to forecast for EPS of 1.52 on revenue of 4B.
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