Investing.com - Credit Suisse (SIX:CSGN) ADR reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Credit Suisse ADR announced earnings per share of CHF-0.4306 on revenue of CHF8.25B. Analysts polled by Investing.com anticipated EPS of CHF-0.3952 on revenue of CHF4.65B.
Credit Suisse ADR shares are down 18.91% from the beginning of the year, still down 30.57% from its 52 week high of CHF14.95 set on February 25. They are under-performing the EUR/USD which is down 0% from the start of the year.
Credit Suisse ADR follows other major Financial sector earnings this month
Credit Suisse ADR's report follows an earnings beat by JPMorgan on April 14, who reported EPS of CHF4.5 on revenue of CHF33.12B, compared to forecasts EPS of CHF3.1 on revenue of CHF30.49B.
UnitedHealth had beat expectations on April 15 with first quarter EPS of CHF5.31 on revenue of CHF70.2B, compared to forecast for EPS of CHF4.39 on revenue of CHF69.07B.
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