Investing.com - Mizuho Financial ADR reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Mizuho Financial ADR announced earnings per share of ¥0.0934 on revenue of ¥9.18B. Analysts polled by Investing.com anticipated EPS of ¥0.0763 on revenue of ¥4.21B.
Mizuho Financial ADR shares are down 3.53% from the beginning of the year, still down 19.08% from its 52 week high of ¥3.04 set on September 28, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Mizuho Financial ADR shares gained 2.93% in intra-day trade following the report.
Mizuho Financial ADR follows other major Financial sector earnings this month
Mizuho Financial ADR's report follows an earnings beat by Berkshire Hathaway A on July 19, who reported EPS of ¥4774.01 on revenue of ¥70.81B, compared to forecasts EPS of ¥4277.66 on revenue of ¥70.32B.
JPMorgan had missed expectations on July 14 with second quarter EPS of ¥2.76 on revenue of ¥30.72B, compared to forecast for EPS of ¥2.89 on revenue of ¥31.86B.
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