Investing.com - KB Financial reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
KB Financial announced earnings per share of 1.24 on revenue of 2.9B. Analysts polled by Investing.com anticipated EPS of 1.5 on revenue of 2.82B.
KB Financial shares are up 20.38% from the beginning of the year, still down 14.58% from its 52 week high of 43.95 set on December 4, 2020. They are outperforming the RTSI which is up 1.1% 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 January 15, who reported EPS of 3.79 on revenue of 30.16B, compared to forecasts EPS of 2.62 on revenue of 28.67B.
Mastercard had beat expectations on January 28 with fourth quarter EPS of 1.64 on revenue of 4.12B, compared to forecast for EPS of 1.52 on revenue of 4B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar