Investing.com - London Stock Exchange reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
London Stock Exchange announced earnings per share of £1.37 on revenue of £1.68B. Analysts polled by Investing.com anticipated EPS of £138.00 on revenue of £3,384M.
London Stock Exchange shares are up 47% from the beginning of the year, still down 22.16% from its 52 week high of £10,010.00 set on February 16. They are outperforming the AEX which is up 23.02% from the start of the year.
London Stock Exchange shares gained 4.34% in intra-day trade following the report.
London Stock Exchange follows other major Financial sector earnings this month
London Stock Exchange's report follows an earnings beat by Sberbank on July 29, who reported EPS of £0.764 on revenue of £8.54B, compared to forecasts EPS of £0.6989 on revenue of £8.09B.
HSBC had missed expectations on Monday with second quarter EPS of £0.1223 on revenue of £9.01B, compared to forecast for EPS of £0.1306 on revenue of £9.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar