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 £1.09 on revenue of £1.54B. Analysts polled by Investing.com anticipated EPS of £109.30 on revenue of £1,209M.
Schroders shares are down 19% from the beginning of the year, still down 23.18% from its 52 week high of £3,913.00 set on September 17, 2021. They are under-performing the STOXX 600 which is down 10.34% from the start of the year.
Schroders follows other major Financial sector earnings this month
Schroders's report follows an earnings missed by HSBC on February 22, who reported EPS of £0.0883 on revenue of £8.89B, compared to forecasts EPS of £0.1 on revenue of £8.85B.
State Bank India had missed expectations on February 5 with fourth quarter EPS of £1.26 on revenue of £5.27B, compared to forecast for EPS of £1.27 on revenue of £5.27B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar