Investing.com - BBVA (BME:BBVA) ADR reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BBVA ADR announced earnings per share of €0.2524 on revenue of €6.25B. Analysts polled by Investing.com anticipated EPS of €0.1877 on revenue of €5.84B.
BBVA ADR shares are down 14.31% from the beginning of the year, still down 30.67% from its 52 week high of €7.26 set on November 1, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
BBVA ADR shares gained 4.37% in pre-market trade following the report.
BBVA ADR follows other major Financial sector earnings this month
BBVA 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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