Investing.com - Credit Suisse (SIX:CSGN) ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Credit Suisse ADR announced earnings per share of 0.5 on revenue of 6.77B. Analysts polled by Investing.com anticipated EPS of 0.35 on revenue of 5.93B.
Credit Suisse ADR shares are down 23.87% from the beginning of the year , still down 27.48% from its 52 week high of 14.12 set on January 14. They are under-performing the EUR/USD which is down 0% from the start of the year.
Credit Suisse ADR shares lost 3.80% in intra-day trade following the report.
Credit Suisse ADR follows other major Financial sector earnings this month
Credit Suisse ADR's report follows an earnings beat by Mastercard on Thursday, who reported EPS of 1.36 on revenue of 3.34B, compared to forecasts EPS of 1.16 on revenue of 3.25B.
JPMorgan had beat expectations on July 14 with second quarter EPS of 1.38 on revenue of 33.82B, compared to forecast for EPS of 1.15 on revenue of 30.41B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar