Investing.com - Barclays (LON:BARC) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Barclays announced earnings per share of £0.084 on revenue of £6.5B. Analysts polled by Investing.com anticipated EPS of £0.0593 on revenue of £5.67B.
Barclays shares are down 21.96% from the beginning of the year, still down 33.54% from its 52 week high of £219.60 set on January 14. They are under-performing the TR UK 50 which is up 4.1% from the start of the year.
Barclays shares gained 2.83% in intra-day trade following the report.
Barclays follows other major Financial sector earnings this month
Barclays's report follows an earnings missed by HSBC on Tuesday, who reported EPS of £0.1109 on revenue of £9.94B, compared to forecasts EPS of £0.131 on revenue of £9.76B.
Lloyds Banking had beat expectations on Wednesday with first quarter EPS of £0.015 on revenue of £4.11B, compared to forecast for EPS of £0.0148 on revenue of £4.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar