Investing.com - Barclays (LON:BARC) reported second quarter earnings that matched analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of £0.06 on revenue of £5.54B. Analysts polled by Investing.com anticipated EPS of £0.06 on revenue of £5.21B. That compared to EPS of £0.07 on revenue of £5.58B in the same period a year earlier. The company had reported EPS of £0.06 on revenue of £4.8B in the previous quarter.
Barclays shares gained 0.42% to trade at £155.09 in intra-day trade following the report.
For the year, Barclays shares are up 3.04%, under-performing the TR UK 50 which is up 11.85% year to date.
Barclays follows other major Financial sector earnings this month
On Wednesday, Lloyds Banking reported second quarter EPS of £0.02 on revenue of £4.5B, compared to forecasts of EPS of £0.02 on revenue of £4.61B.
St. James’s Place earnings missed analyst's expectations on Wednesday, with second quarter EPS of £0.08 on revenue of £1.26B. Investing.com analysts expected EPS of £17.69 on revenue of £75.01M
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