Investing.com - BBVA (BME:BBVA) ADR reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BBVA ADR announced earnings per share of €0.2844 on revenue of €6.19B. Analysts polled by Investing.com anticipated EPS of €0.1565 on revenue of €5.35B.
BBVA ADR shares are down 23.08% from the beginning of the year, still down 37.77% 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 5.49% in intra-day trade following the report.
BBVA ADR follows other major Financial sector earnings this month
BBVA ADR's report follows an earnings beat by Berkshire Hathaway A on July 19, who reported EPS of €4774.01 on revenue of €70.81B, compared to forecasts EPS of €4277.66 on revenue of €70.32B.
JPMorgan had missed expectations on July 14 with second quarter EPS of €2.76 on revenue of €30.72B, compared to forecast for EPS of €2.89 on revenue of €31.86B.
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