Investing.com - Sampo Oyj A reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sampo Oyj A announced earnings per share of €0.82 on revenue of €1.12B. Analysts polled by Investing.com anticipated EPS of €0.7223 on revenue of €1.6B.
Sampo Oyj A shares are up 15% from the beginning of the year, still down 2.25% from its 52 week high of €40.86 set on April 19. They are outperforming the OMX Helsinki 25 which is up 12.52% from the start of the year.
Sampo Oyj A shares gained 2.07% in intra-day trade following the report.
Sampo Oyj A follows other major Financial sector earnings this month
Sampo Oyj A's report follows an earnings beat by Nordea Bank on April 29, who reported EPS of €0.19 on revenue of €2.42B, compared to forecasts EPS of €0.1635 on revenue of €2.25B.
eQ Oyj had beat expectations on April 27 with first quarter EPS of €0.215 on revenue of €18.1M, compared to forecast for EPS of €0.21 on revenue of €18M.
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