Investing.com - Grupo Financiero Galicia ADR reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Grupo Financiero Galicia ADR announced earnings per share of 0.4569 on revenue of 414.99M. Analysts polled by Investing.com anticipated EPS of 0.4422 on revenue of 404.35M.
Grupo Financiero Galicia ADR shares are down 11% from the beginning of the year, still down 51.87% from its 52 week high of 14.94 set on August 4, 2020. They are under-performing the S&P Merval which is down 9.27% from the start of the year.
Grupo Financiero Galicia ADR follows other major Financial sector earnings this month
Grupo Financiero Galicia ADR's report follows an earnings beat by Magnolia Oil on February 22, who reported EPS of 0.15 on revenue of 149.24M, compared to forecasts EPS of 0.1034 on revenue of 143.33M.
Berkshire Hathaway had missed expectations on February 27 with fourth quarter EPS of 3223.13 on revenue of 64.38B, compared to forecast for EPS of 3422.33 on revenue of 64.72B.
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