Investing.com - BNP Paribas (OTC:BNPQY) reported on Friday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
BNP Paribas announced earnings per share of €1.78 on revenue of €11.4B. Analysts polled by Investing.com anticipated EPS of €1.78 on revenue of €11.22B.
BNP Paribas shares are up 31% from the beginning of the year, still down 1.38% from its 52 week high of €58.69 set on October 25. They are outperforming the FTSE 100 which is up 11.67% from the start of the year.
BNP Paribas shares gained 0.73% in intra-day trade following the report.
BNP Paribas follows other major Financial sector earnings this month
BNP Paribas's report follows an earnings beat by SCOR on Wednesday, who reported EPS of €-0.22 on revenue of €4.61B, compared to forecasts EPS of €-0.805 on revenue of €4.18B.
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