Investing.com - KB Financial reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
KB Financial announced earnings per share of 2.57 on revenue of 2.82B. Analysts polled by Investing.com anticipated EPS of 2.67 on revenue of 3B.
KB Financial shares are up 11.41% from the beginning of the year, still down 33.45% from its 52 week high of 55.31 set on February 11. They are outperforming the Nasdaq which is down 22.92% from the start of the year.
KB Financial follows other major Financial sector earnings this month
KB Financial's report follows an earnings missed by JPMorgan on July 14, who reported EPS of 2.76 on revenue of 30.72B, compared to forecasts EPS of 2.89 on revenue of 31.81B.
Bank of America had missed expectations on Monday with second quarter EPS of 0.73 on revenue of 22.69B, compared to forecast for EPS of 0.7485 on revenue of 22.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar