Investing.com - Ashmore reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ashmore announced earnings per share of £0.1 on revenue of £157.1M. Analysts polled by Investing.com anticipated EPS of £8.35 on revenue of £166.79M.
Ashmore shares are down 27% from the beginning of the year and are trading at £377.60 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 11.51% from the start of the year.
Ashmore follows other major Financial sector earnings this month
Ashmore's report follows an earnings missed by OSB on August 27, who reported EPS of £0.15 on revenue of £403.0M, compared to forecasts EPS of £20.20 on revenue of £265.10M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar