Investing.com - Caixabank reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Caixabank announced earnings per share of €0.077 on revenue of €2.81B. Analysts polled by Investing.com anticipated EPS of €0.075 on revenue of €2.83B.
Caixabank shares are up 18% from the beginning of the year and are trading at €2.480 , down-from-52-week-high.They are outperforming the IBEX 35 which is up 12.19% from the start of the year.
Caixabank follows other major Financial sector earnings this month
Caixabank'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.
BBVA had beat expectations on Friday with third quarter EPS of €0.2 on revenue of €4.96B, compared to forecast for EPS of €0.1827 on revenue of €5.07B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar