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 €0.86 on revenue of €1.22B. Analysts polled by Investing.com anticipated EPS of €0.5745 on revenue of €1.54B.
Sampo Oyj A shares are up 3% from the beginning of the year, still down 6.03% from its 52 week high of €48.74 set on April 21. They are outperforming the OMX Helsinki 25 which is down 13.53% from the start of the year.
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 28, who reported EPS of €0.22 on revenue of €2.49B, compared to forecasts EPS of €0.1733 on revenue of €2.14B.
eQ Oyj had beat expectations on April 26 with first quarter EPS of €0.26 on revenue of €21.7M, compared to forecast for EPS of €0.2378 on revenue of €20.19M.
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