Investing.com - BanColombia reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
BanColombia announced earnings per share of 0.32 on revenue of 1.04B. Analysts polled by Investing.com anticipated EPS of 0.4 on revenue of 1.04B.
BanColombia shares are down 26.67% from the beginning of the year, still down 47.83% from its 52 week high of 56.10 set on January 8. They are under-performing the STOXX 600 which is down 7.22% from the start of the year.
BanColombia follows other major Financial sector earnings this month
BanColombia's report follows an earnings missed by Berkshire Hathaway on November 6, who reported EPS of 3447.19 on revenue of 61.57B, compared to forecasts EPS of 3613.77 on revenue of 61.49B.
Mastercard had missed expectations on October 28 with third quarter EPS of 1.6 on revenue of 3.84B, compared to forecast for EPS of 1.65 on revenue of 3.95B.
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