Investing.com - Itau Unibanco reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Itau Unibanco announced earnings per share of $0.820 on revenue of $36.72B. Analysts polled by Investing.com anticipated EPS of $0.150 on revenue of $6.64B.
Itau Unibanco shares are down 53.92% from the beginning of the year, still down 16.74% from its 52 week high of $6.07 set on November 4.
Itau Unibanco follows other major Financial sector earnings this month
Itau Unibanco's report follows an earnings missed by Berkshire Hathaway A on November 5, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
JPMorgan had beat expectations on October 14 with third quarter EPS of $3.12 on revenue of $32.72B, compared to forecast for EPS of $2.92 on revenue of $32.13B.
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