Investing.com - BNP Paribas (OTC:BNPQY) reported on Monday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
BNP Paribas announced earnings per share of €1.03 on revenue of €40.10B. Analysts polled by Investing.com anticipated EPS of €1.23 on revenue of €10.9B.
BNP Paribas shares are down 35% from the beginning of the year , still down 37.07% from its 52 week high of €54.22 set on February 17. They are under-performing the Euro Stoxx 50 which is down 15.24% from the start of the year.
BNP Paribas follows other major Financial sector earnings this month
BNP Paribas's report follows an earnings missed by Worldline SA on July 23, who reported EPS of €0.62 on revenue of €514.5M, compared to forecasts EPS of €0.99 on revenue of €593M.
Amundi had beat expectations on Friday with second quarter EPS of €1.13 on revenue of €625M, compared to forecast for EPS of €1.1 on revenue of €633.25M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar