Investing.com - Credit Suisse (SIX:CSGN) ADR reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Credit Suisse ADR announced earnings per share of CHF0.1094 on revenue of CHF5.58B. Analysts polled by Investing.com anticipated EPS of CHF0.2222 on revenue of CHF5.57B.
Credit Suisse ADR shares are up 0.93% from the beginning of the year, still down 31.17% from its 52 week high of CHF14.95 set on February 25. They are outperforming 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 Bank of America on July 14, who reported EPS of CHF1.03 on revenue of CHF21.47B, compared to forecasts EPS of CHF0.7706 on revenue of CHF21.8B.
Wells Fargo&Co had beat expectations on July 14 with second quarter EPS of CHF1.38 on revenue of CHF20.27B, compared to forecast for EPS of CHF0.9752 on revenue of CHF17.76B.
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