Investing.com - Muthoot Finance reported on Sunday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Muthoot Finance announced earnings per share of 25.63 on revenue of 28.72B. Analysts polled by Investing.com anticipated EPS of 25.8 on revenue of 22.32B.
Muthoot Finance shares are down 46.39% from the beginning of the year, still down 39.34% from its 52 week high of 1,722.55 set on November 15, 2021. They are under-performing the Nasdaq which is down 24.67% from the start of the year.
Muthoot Finance follows other major Financial sector earnings this month
Muthoot Finance's report follows an earnings missed by SBI on August 6, who reported EPS of 6.8 on revenue of 335.08B, compared to forecasts EPS of 7.47 on revenue of 335.08B.
LIC India had missed expectations on Wednesday with fourth quarter EPS of 0.95 on revenue of 985.78B, compared to forecast for EPS of 2.51 on revenue of 883.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar