Investing.com - Barclays (LON:BARC) ADR reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Barclays ADR announced earnings per share of £0.3589 on revenue of £7.02B. Analysts polled by Investing.com anticipated EPS of £0.2381 on revenue of £6.95B.
Barclays ADR shares are up 1.16% from the beginning of the year and are trading at £10.900 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Barclays ADR shares gained 4.11% in pre-market trade the report.
Barclays ADR follows other major Financial sector earnings this month
Barclays ADR's report follows an earnings matched by HSBC ADR on Tuesday, who reported EPS of £0.6 on revenue of £12.09B, compared to forecasts EPS of £0.6 on revenue of £11.96B.
Commerzbank AG PK had beat expectations on February 16 with fourth quarter EPS of £0.126 on revenue of £2.39B, compared to forecast for EPS of £0.1107 on revenue of £2.12B.
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