Investing.com - Macro Bank reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Macro Bank announced earnings per share of 1.49 on revenue of 244.04M. Analysts polled by Investing.com anticipated EPS of 1.3 on revenue of 314.72M.
Macro Bank shares are down 55.94% from the beginning of the year, still down 59.16% from its 52 week high of 39.10 set on December 26, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
Macro Bank follows other major Financial sector earnings this month
Macro Bank's report follows an earnings missed by Berkshire Hathaway on November 6, who reported EPS of 3447.19 on revenue of 61.57B, compared to forecasts EPS of 3613.77 on revenue of 61.49B.
PayPal Holdings Inc had beat expectations on November 2 with third quarter EPS of 1.07 on revenue of 5.46B, compared to forecast for EPS of 0.94 on revenue of 5.42B.
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