Investing.com - Schroders (LON:SDR) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Schroders announced earnings per share of £0.93 on revenue of £1.32B. Analysts polled by Investing.com anticipated EPS of £85.83 on revenue of £1,011M.
Schroders shares are down 5.13% from the beginning of the year, still down 4.90% from its 52 week high of £3,654.00 set on February 25. They are under-performing the FTSE 100 which is up 2.95% from the start of the year.
Schroders follows other major Financial sector earnings this month
Schroders's report follows an earnings beat by HSBC on February 23, who reported EPS of £0.0213 on revenue of £8.38B, compared to forecasts EPS of £0.0102 on revenue of £8.33B.
Barclays had beat expectations on February 18 with fourth quarter EPS of £0.013 on revenue of £4.94B, compared to forecast for EPS of £-0.0054 on revenue of £4.58B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar