Investing.com - Grupo Financiero Galicia ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Grupo Financiero Galicia ADR announced earnings per share of 0.2887 on revenue of 404.2M. Analysts polled by Investing.com anticipated EPS of 0.3749 on revenue of 432.9M.
Grupo Financiero Galicia ADR shares are up 11% from the beginning of the year, still down 43.17% from its 52 week high of 14.94 set on August 4, 2020. They are under-performing the S&P Merval which is up 12.1% 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 Berkshire Hathaway A on May 1, who reported EPS of 4571.96 on revenue of 67.48B, compared to forecasts EPS of 3792.36 on revenue of 63.54B.
Mastercard had beat expectations on April 29 with first quarter EPS of 1.74 on revenue of 4.16B, compared to forecast for EPS of 1.58 on revenue of 4B.
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