Investing.com - Santander (MC:SAN) Chile ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Santander Chile ADR announced earnings per share of 0.5125 on revenue of 746.67M. Analysts polled by Investing.com anticipated EPS of 0.503 on revenue of 725.03M.
Santander Chile ADR shares are up 14.07% from the beginning of the year, still down 24.74% from its 52 week high of 26.15 set on April 21. They are outperforming the EUR/USD which is down 0% from the start of the year.
Santander Chile ADR shares gained 2.98% 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 beat by JPMorgan on July 13, who reported EPS of 3.78 on revenue of 31.4B, compared to forecasts EPS of 3.2 on revenue of 29.97B.
PayPal Holdings Inc had beat expectations on Wednesday with second quarter EPS of 1.15 on revenue of 6.24B, compared to forecast for EPS of 1.12 on revenue of 6.27B.
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