Investing.com - Macro Bank reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Macro Bank announced earnings per share of 1.35 on revenue of 244.1M. Analysts polled by Investing.com anticipated EPS of 2.12 on revenue of 459.94M.
Macro Bank shares are down 47.59% from the beginning of the year, still down 51.41% 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 beat by Berkshire Hathaway on August 8, who reported EPS of 3424.31 on revenue of 56.76B, compared to forecasts EPS of 3182.06 on revenue of 60.39B.
RBC had beat expectations on August 26 with third quarter EPS of 1.67 on revenue of 9.83B, compared to forecast for EPS of 1.38 on revenue of 8.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar