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 0.7249 on revenue of 3.59B. Analysts polled by Investing.com anticipated EPS of 0.7187 on revenue of 3.61B.
HDFC Bank ADR shares are up 10.24% from the beginning of the year, still down 15.31% from its 52 week high of 84.70 set on February 16, 2021. They are outperforming 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 Friday, who reported EPS of 3.33 on revenue of 29.26B, compared to forecasts EPS of 3.01 on revenue of 29.78B.
Wells Fargo&Co had beat expectations on Friday with fourth quarter EPS of 1.38 on revenue of 20.86B, compared to forecast for EPS of 1.11 on revenue of 18.84B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar