Investing.com - Itau Unibanco reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Itau Unibanco announced earnings per share of 0.62 on revenue of 30.53B. Analysts polled by Investing.com anticipated EPS of 0.1219 on revenue of 5.49B.
Itau Unibanco shares are down 29.39% from the beginning of the year, still down 36.39% from its 52 week high of 6.76 set on June 17. They are under-performing the EUR/USD which is down 0% from the start of the year.
Itau Unibanco follows other major Financial sector earnings this month
Itau Unibanco's report follows an earnings beat by JPMorgan on October 13, who reported EPS of 3.74 on revenue of 30.44B, compared to forecasts EPS of 3 on revenue of 29.79B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of 4.52 on revenue of 72.34B, compared to forecast for EPS of 4.42 on revenue of 71.38B.
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