Investing.com - Grupo Aval reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Grupo Aval announced earnings per share of $0.1558 on revenue of $1.56B. Analysts polled by Investing.com anticipated EPS of $0.1544 on revenue of $1.54B.
Grupo Aval shares are up 1% from the beginning of the year, still down 22.90% from its 52 week high of $7.03 set on January 4. They are under-performing the IBEX 35 which is up 11.32% from the start of the year.
Grupo Aval follows other major Financial sector earnings this month
Grupo Aval's report follows an earnings missed by Santander Chile ADR on October 29, who reported EPS of $0.4585 on revenue of $694.28M, compared to forecasts EPS of $0.4776 on revenue of $676.6M.
Banco De Chile had beat expectations on November 4 with third quarter EPS of $0.4462 on revenue of $668.03M, compared to forecast for EPS of $0.4397 on revenue of $679.91M.
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