Investing.com - Mediobanca (OTC:MDIBY) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Mediobanca announced earnings per share of €0.22 on revenue of €1.36B. Analysts polled by Investing.com anticipated EPS of €0.23 on revenue of €650.67M.
Mediobanca shares are up 26% from the beginning of the year, still down 1.93% from its 52 week high of €10.13 set on July 5. They are outperforming the TR UK 50 which is up 8.06% from the start of the year.
Mediobanca follows other major Financial sector earnings this month
Mediobanca's report follows an earnings beat by Banca Mediolanum on Thursday, who reported EPS of €0.2023 on revenue of €327.03M, compared to forecasts EPS of €0.1899 on revenue of €327.03M.
Azimut Holding had beat expectations on Thursday with second quarter EPS of €0.70 on revenue of €572.3M, compared to forecast for EPS of €0.4606 on revenue of €243.57M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar