Investing.com - Grupo Aval reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Grupo Aval announced earnings per share of $0.08 on revenue of $910.03M. Analysts polled by Investing.com anticipated EPS of $0.14 on revenue of $1.44B.
Grupo Aval shares are down 44.72% from the beginning of the year, still down 45.96% from its 52 week high of $8.92 set on January 15. 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 August 12, who reported EPS of $0.49 on revenue of $16.54B, compared to forecasts EPS of $0.41 on revenue of $16.07B.
L’Oreal ADR had beat expectations on July 30 with second quarter EPS of $3.82 on revenue of $6.92B, compared to forecast for EPS of $0.85 on revenue of $6.98B.
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