Investing.com - BCA MPS reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
BCA MPS announced earnings per share of €-0.22 on revenue of €740.7M. Analysts polled by Investing.com anticipated EPS of €0.01 on revenue of €719.03M. That with comparison to EPS of €0.03 on revenue of €803M in the same period a year before. BCA MPS had reported EPS of €-0.01 on revenue of €862.9M in the previous quarter. Analysts are expecting EPS of €-0.07 and revenue of €749M in the upcoming quarter.
BCA MPS shares are down 22.03% from the beginning of the year , still down 51.34% from its 52 week high of €2.24 set on February 20. They are under-performing the EUR/USD which is down 0% year to date.
BCA MPS follows other major Financial sector earnings this month
BCA MPS's report follows an earnings missed by Intesa Sanpaolo on Monday, who reported EPS of €0.05 on revenue of €4.88B, compared to forecasts EPS of €0.06 on revenue of €4.17B.
UniCredit had missed expectations on Wednesday with first quarter EPS of €0.03 on revenue of €4.38B, compared to forecast for EPS of €0.41 on revenue of €4.39B.
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