Investing.com - Banca Mediolanum reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Banca Mediolanum announced earnings per share of €0.39 on revenue of €1.04B. Analysts polled by Investing.com anticipated EPS of €0.1995 on revenue of €412.41M.
Banca Mediolanum shares are up 1% from the beginning of the year and are trading at €7.645 , down-from-52-week-high.They are broadly in line with the TR UK 50 which is up 1.04% from the start of the year.
Banca Mediolanum shares lost 100.00% in pre-market trade the report.
Banca Mediolanum follows other major Financial sector earnings this month
Banca Mediolanum's report follows an earnings beat by Intesa Sanpaolo on February 4, who reported EPS of €0.02 on revenue of €5.29B, compared to forecasts EPS of €0.01 on revenue of €4.84B.
FinecoBank had matched expectations on Tuesday with fourth quarter EPS of €0.14 on revenue of €181.6M, compared to forecast for EPS of €0.14 on revenue of €176.74M.
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