Investing.com - Mapfre reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Mapfre announced earnings per share of €0.02 on revenue of €4.93B. Analysts polled by Investing.com anticipated EPS of €0.05 on revenue of €4.35B.
Mapfre shares are down 2% from the beginning of the year, still down 36.29% from its 52 week high of €2.44 set on February 13, 2020. They are under-performing the IBEX 35 which is down 0.23% from the start of the year.
Mapfre follows other major Financial sector earnings this month
Mapfre's report follows an earnings beat by Santander on February 3, who reported EPS of €0.074 on revenue of €11B, compared to forecasts EPS of €0.0593 on revenue of €10.71B.
BBVA had beat expectations on January 29 with fourth quarter EPS of €0.175 on revenue of €5.27B, compared to forecast for EPS of €0.15 on revenue of €5.27B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar