Investing.com - KB Financial reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
KB Financial announced earnings per share of 2.1 on revenue of 2.73B. Analysts polled by Investing.com anticipated EPS of 1.89 on revenue of 2.5B.
KB Financial shares are down 27.48% from the beginning of the year , still down 30.07% from its 52 week high of 42.90 set on December 26, 2019. They are under-performing 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 14, who reported EPS of 1.38 on revenue of 33.82B, compared to forecasts EPS of 1.15 on revenue of 30.41B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of 7.12 on revenue of 62.14B, compared to forecast for EPS of 5.28 on revenue of 63.48B.
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