Investing.com - HDFC Bank ADR reported on Saturday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
HDFC Bank ADR announced earnings per share of 0.6248 on revenue of 3.27B. Analysts polled by Investing.com anticipated EPS of 0.6032 on revenue of 3.31B.
HDFC Bank ADR shares are down 0.62% from the beginning of the year, still down 15.22% from its 52 week high of 84.70 set on February 16. They are under-performing the EUR/USD which is down 0% from the start of the year.
HDFC Bank ADR follows other major Financial sector earnings this month
HDFC Bank ADR's report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of 4.5 on revenue of 33.12B, compared to forecasts EPS of 3.1 on revenue of 30.49B.
UnitedHealth had beat expectations on Thursday with first quarter EPS of 5.31 on revenue of 70.2B, compared to forecast for EPS of 4.39 on revenue of 69.07B.
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