Investing.com - Santander (BME:SAN) Chile ADR reported on Friday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Santander Chile ADR announced earnings per share of 0.5826 on revenue of 725.38M. Analysts polled by Investing.com anticipated EPS of 0.5752 on revenue of 742.19M.
Santander Chile ADR shares are up 17.71% from the beginning of the year, still down 19.72% from its 52 week high of 24.29 set on May 7, 2021. They are outperforming the S&P/TSX which is down 1.13% from the start of the year.
Santander Chile ADR shares gained 0.52% in intra-day trade following the report.
Santander Chile ADR follows other major Financial sector earnings this month
Santander Chile ADR's report follows an earnings missed by JPMorgan on April 13, who reported EPS of 2.63 on revenue of 30.72B, compared to forecasts EPS of 2.7 on revenue of 30.66B.
Bank of America had beat expectations on April 18 with first quarter EPS of 0.8 on revenue of 23.23B, compared to forecast for EPS of 0.7495 on revenue of 23.13B.
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