Investing.com - BNP Paribas (OTC:BNPQY) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BNP Paribas announced earnings per share of €1.47 on revenue of €10.89B. Analysts polled by Investing.com anticipated EPS of €1.21 on revenue of €10.71B.
BNP Paribas shares are down 37% from the beginning of the year, still down 39.04% from its 52 week high of €54.22 set on February 17. They are under-performing the Euro Stoxx 50 which is down 15.85% from the start of the year.
BNP Paribas follows other major Financial sector earnings this month
BNP Paribas's report follows an earnings beat by Amundi on Friday, who reported EPS of €1.26 on revenue of €630M, compared to forecasts EPS of €1.14 on revenue of €633.95M.
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