Investing.com - Credit Suisse (SIX:CSGN) ADR reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Credit Suisse ADR announced earnings per share of CHF-0.15 on revenue of CHF5.22B. Analysts polled by Investing.com anticipated EPS of CHF0.2231 on revenue of CHF5.78B.
Credit Suisse ADR shares are up 4.24% from the beginning of the year, still down 2.07% from its 52 week high of CHF14.47 set on February 16. 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 PayPal Holdings Inc on February 3, who reported EPS of CHF1.08 on revenue of CHF6.12B, compared to forecasts EPS of CHF0.9967 on revenue of CHF6.09B.
Mastercard had beat expectations on January 28 with fourth quarter EPS of CHF1.64 on revenue of CHF4.12B, compared to forecast for EPS of CHF1.52 on revenue of CHF4B.
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