Investing.com - Nomura ADR reported on Friday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Nomura ADR announced earnings per share of ¥0.1471 on revenue of ¥3.22B. Analysts polled by Investing.com anticipated EPS of ¥0.1661 on revenue of ¥2.94B.
Nomura ADR shares are up 19% from the beginning of the year, still down 24.70% from its 52 week high of ¥6.72 set on March 26. They are outperforming the FTSE 100 which is up 8.47% from the start of the year.
Nomura ADR follows other major Financial sector earnings this month
Nomura ADR's report follows an earnings beat by Bank of America on July 14, who reported EPS of ¥1.03 on revenue of ¥21.47B, compared to forecasts EPS of ¥0.7706 on revenue of ¥21.8B.
Wells Fargo&Co had beat expectations on July 14 with second quarter EPS of ¥1.38 on revenue of ¥20.27B, compared to forecast for EPS of ¥0.9752 on revenue of ¥17.76B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar