Investing.com - BBVA (MC:BBVA) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BBVA announced earnings per share of €0.15 on revenue of €5.16B. Analysts polled by Investing.com anticipated EPS of €0.135 on revenue of €5.08B.
BBVA shares are up 15% from the beginning of the year, still down 4.64% from its 52 week high of €4.90 set on March 18. They are outperforming the S&P Global 100 which is up 9.53% from the start of the year.
BBVA follows other major Financial sector earnings this month
BBVA's report follows an earnings beat by Santander on Wednesday, who reported EPS of €0.116 on revenue of €11.39B, compared to forecasts EPS of €0.0967 on revenue of €11.14B.
Mapfre had beat expectations on Thursday with first quarter EPS of €0.06 on revenue of €5.9B, compared to forecast for EPS of €0.05 on revenue of €6.13B.
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