Investing.com - BCA MPS reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BCA MPS announced earnings per share of €0.03 on revenue of €859.7M. Analysts polled by Investing.com anticipated EPS of €-0.025 on revenue of €728.96M.
BCA MPS shares are up 2% from the beginning of the year, still down 40.44% from its 52 week high of €1.98 set on July 21, 2020. They are under-performing the STOXX 600 which is up 10.85% from the start of the year.
BCA MPS shares gained 1.29% in intra-day trade following the report.
BCA MPS follows other major Financial sector earnings this month
BCA MPS's report follows an earnings beat by Intesa Sanpaolo on Thursday, who reported EPS of €0.055 on revenue of €5.61B, compared to forecasts EPS of €0.05 on revenue of €5.07B.
Banco Bpm had beat expectations on Thursday with first quarter EPS of €0.07 on revenue of €1.13B, compared to forecast for EPS of €0.03 on revenue of €1.06B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar