Investing.com - Santander (MC:SAN) Mexico B ADR reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Santander Mexico B ADR announced earnings per share of Mex$0.81 on revenue of Mex$20.98B. Analysts polled by Investing.com anticipated EPS of Mex$0.132 on revenue of Mex$1.07B.
Santander Mexico B ADR shares are down 6.53% from the beginning of the year, still down 36.33% from its 52 week high of Mex$8.01 set on February 12, 2020. They are under-performing 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 January 15, who reported EPS of Mex$3.79 on revenue of Mex$30.16B, compared to forecasts EPS of Mex$2.62 on revenue of Mex$28.67B.
Mastercard had beat expectations on January 28 with fourth quarter EPS of Mex$1.64 on revenue of Mex$4.12B, compared to forecast for EPS of Mex$1.52 on revenue of Mex$4B.
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