Investing.com - Banco de Sabadell reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Banco de Sabadell announced earnings per share of €0.02 on revenue of €1.24B. Analysts polled by Investing.com anticipated EPS of €0.15 on revenue of €1.45B.
Banco de Sabadell shares are up 36.39% from the beginning of the year and are trading at €0.6671 , down-from-52-week-high.They are outperforming the TR UK 50 which is up 10.01% from the start of the year.
Banco de Sabadell shares gained 1.88% in intra-day trade the report.
Banco de Sabadell follows other major Financial sector earnings this month
Banco de Sabadell's report follows an earnings missed by Santander on Wednesday, who reported EPS of €0.117 on revenue of €11.93B, compared to forecasts EPS of €0.12 on revenue of €11.56B.
Bankinter had beat expectations on October 22 with third quarter EPS of €0.12 on revenue of €508M, compared to forecast for EPS of €0.1133 on revenue of €475.32M.
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