Investing.com - AU Small Finance Bank reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
AU Small Finance Bank announced earnings per share of ₹5.24 on revenue of ₹22.40. Analysts polled by Investing.com anticipated EPS of ₹5.50 on revenue of ₹12.73B.
AU Small Finance Bank shares are up 12.07% from the beginning of the year and are trading at ₹580.80 , down-from-52-week-high.
AU Small Finance Bank follows other major Financial sector earnings this month
AU Small Finance Bank's report follows an earnings beat by HDFC Bank on October 15, who reported EPS of ₹19.93 on revenue of ₹491.8B, compared to forecasts EPS of ₹19.27 on revenue of ₹287.35B.
Bajaj Finance had beat expectations on Thursday with second quarter EPS of ₹45.81 on revenue of ₹99.68B, compared to forecast for EPS of ₹43.84 on revenue of ₹70.21B.
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