Investing.com - Credit Suisse (SIX:CSGN) ADR reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Credit Suisse ADR announced earnings per share of CHF0.1162 on revenue of CHF5.96B. Analysts polled by Investing.com anticipated EPS of CHF0.1329 on revenue of CHF5.48B.
Credit Suisse ADR shares are up 77% from the beginning of the year, still down 27.83% from its 52 week high of CHF14.95 set on February 25. They are outperforming the Euro Stoxx 50 which is up 21.85% 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 October 13, who reported EPS of CHF3.74 on revenue of CHF30.44B, compared to forecasts EPS of CHF3 on revenue of CHF29.79B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of CHF4.52 on revenue of CHF72.34B, compared to forecast for EPS of CHF4.42 on revenue of CHF71.38B.
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