Investing.com - Credit Suisse (SIX:CSGN) ADR reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Credit Suisse ADR announced earnings per share of CHF0.22 on revenue of CHF5.2B. Analysts polled by Investing.com anticipated EPS of CHF0.29 on revenue of CHF5.85B.
Credit Suisse ADR shares are down 26.25% from the beginning of the year, still down 29.75% from its 52 week high of CHF14.12 set on January 14. They are under-performing the EUR/USD which is down 0% from the start of the year.
Credit Suisse ADR 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 CHF2.92 on revenue of CHF29.94B, compared to forecasts EPS of CHF2.23 on revenue of CHF28.22B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of CHF3.51 on revenue of CHF65.12B, compared to forecast for EPS of CHF3.11 on revenue of CHF63.79B.
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