Investing.com - Commercial Bank Qatar reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Commercial Bank Qatar announced earnings per share of ﷼0.180 on revenue of ﷼2.530. Analysts polled by Investing.com anticipated EPS of ﷼0.198 on revenue of ﷼1.36B.
Commercial Bank Qatar shares are up 0.47% from the beginning of the year, still down 20.34% from its 52 week high of ﷼8.70 set on April 11.
Commercial Bank Qatar follows other major Financial sector earnings this month
Commercial Bank Qatar's report follows an earnings matched by QNB on October 10, who reported EPS of ﷼0.39 on revenue of ﷼9.18B, compared to forecasts EPS of ﷼0.39 on revenue of ﷼7.97B.
Qatar Islamic Bank had beat expectations on Wednesday with third quarter EPS of ﷼0.44 on revenue of ﷼2.31B, compared to forecast for EPS of ﷼0.404 on revenue of ﷼1.6B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar