Investing.com - Schroders (LON:SDR) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Schroders announced earnings per share of £0.92 on revenue of £1.43B. Analysts polled by Investing.com anticipated EPS of £99.00 on revenue of £1,209M.
Schroders shares are up 41% from the beginning of the year, still down 25.89% from its 52 week high of £3,913.00 set on September 17, 2021. They are outperforming the TR UK 50 which is up 3.39% from the start of the year.
Schroders follows other major Financial sector earnings this month
Schroders's report follows an earnings beat by Lloyds Banking on Wednesday, who reported EPS of £0.0207 on revenue of £4.34B, compared to forecasts EPS of £0.0149 on revenue of £4.14B.
Barclays had missed expectations on Thursday with second quarter EPS of £0.064 on revenue of £6.71B, compared to forecast for EPS of £0.0785 on revenue of £6.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar