Investing.com - Intermediate Capital reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Intermediate Capital announced earnings per share of £0.83 on revenue of £475.4M. Analysts polled by Investing.com anticipated EPS of £32.70 on revenue of £175.80M.
Intermediate Capital shares are up 38% from the beginning of the year, still down 3.81% from its 52 week high of £2,493.00 set on November 16. They are outperforming the FTSE 100 which is up 13.13% from the start of the year.
Intermediate Capital shares gained 0.80% in intra-day trade following the report.
Intermediate Capital follows other major Financial sector earnings this month
Intermediate Capital's report follows an earnings missed by Sberbank on October 28, who reported EPS of £0.75 on revenue of £8.86B, compared to forecasts EPS of £0.8231 on revenue of £8.92B.
HSBC had beat expectations on October 25 with third quarter EPS of £0.1235 on revenue of £8.86B, compared to forecast for EPS of £0.1111 on revenue of £8.8B.
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