Investing.com - Santander (MC:SAN) Mexico B ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Santander Mexico B ADR announced earnings per share of Mex$0.1202 on revenue of Mex$1.03B. Analysts polled by Investing.com anticipated EPS of Mex$0.1544 on revenue of Mex$997.79M.
Santander Mexico B ADR shares are up 9.51% from the beginning of the year, still down 2.42% from its 52 week high of Mex$5.78 set on April 19. They are outperforming the EUR/USD which is down 0% from the start of the year.
Santander Mexico B ADR follows other major Financial sector earnings this month
Santander Mexico B ADR's report follows an earnings beat by JPMorgan on April 14, who reported EPS of Mex$4.5 on revenue of Mex$33.12B, compared to forecasts EPS of Mex$3.1 on revenue of Mex$30.49B.
UnitedHealth had beat expectations on April 15 with first quarter EPS of Mex$5.31 on revenue of Mex$70.2B, compared to forecast for EPS of Mex$4.39 on revenue of Mex$69.07B.
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