Investing.com - KB Financial reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
KB Financial announced earnings per share of 2.66 on revenue of 3.1B. Analysts polled by Investing.com anticipated EPS of 2.61 on revenue of 3.11B.
KB Financial shares are up 13.13% from the beginning of the year, still down 16.53% from its 52 week high of 53.67 set on May 10. They are outperforming the EUR/USD which is down 0% from the start of the year.
KB Financial follows other major Financial sector earnings this month
KB Financial's report follows an earnings beat by JPMorgan on July 13, who reported EPS of 3.78 on revenue of 31.4B, compared to forecasts EPS of 3.2 on revenue of 29.97B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of 4.7 on revenue of 71.32B, compared to forecast for EPS of 4.43 on revenue of 69.51B.
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