Investing.com - Grupo Aval reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Grupo Aval announced earnings per share of $0.1554 on revenue of $1.56B. Analysts polled by Investing.com anticipated EPS of $0.1199 on revenue of $1.53B.
Grupo Aval shares are down 18.75% from the beginning of the year, still down 20.48% from its 52 week high of $7.03 set on December 18, 2020. They are under-performing the EUR/USD which is down 0% from the start of the year.
Grupo Aval follows other major sector earnings this month
Grupo Aval's report follows an earnings beat by Tencent ADR on Thursday, who reported EPS of $0.7637 on revenue of $21.02B, compared to forecasts EPS of $0.5366 on revenue of $20.57B.
Industrial Commercial Bank of China had beat expectations on April 29 with first quarter EPS of $0.7417 on revenue of $33.09B, compared to forecast for EPS of $0.6343 on revenue of $34.72B.
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