Investing.com - BanColombia reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
BanColombia announced earnings per share of -0.08 on revenue of 427.95M. Analysts polled by Investing.com anticipated EPS of 0.58 on revenue of 1.09B.
BanColombia shares are down 26% from the beginning of the year, still down 52.96% from its 52 week high of 56.10 set on January 8. They are under-performing the Nasdaq which is up 22.58% from the start of the year.
BanColombia follows other major Financial sector earnings this month
BanColombia's report follows an earnings beat by Mastercard on July 30, who reported EPS of 1.36 on revenue of 3.34B, compared to forecasts EPS of 1.17 on revenue of 3.25B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of 7.12 on revenue of 62.14B, compared to forecast for EPS of 5.28 on revenue of 63.48B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar