Investing.com - BBVA (MC:BBVA) ADR reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BBVA ADR announced earnings per share of €0.1806 on revenue of €6.21B. Analysts polled by Investing.com anticipated EPS of €0.1611 on revenue of €6.08B.
BBVA ADR shares are up 15% from the beginning of the year and are trading at €5.60 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 9.53% from the start of the year.
BBVA ADR follows other major Financial sector earnings this month
BBVA ADR's report follows an earnings beat by JPMorgan on April 14, who reported EPS of €4.5 on revenue of €33.12B, compared to forecasts EPS of €3.1 on revenue of €30.49B.
Mastercard had beat expectations on Thursday with first quarter EPS of €1.74 on revenue of €4.16B, compared to forecast for EPS of €1.58 on revenue of €4B.
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