Investing.com - ICICI Bank ADR reported on Saturday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
ICICI Bank ADR announced earnings per share of 0.1903 on revenue of 1.96B. Analysts polled by Investing.com anticipated EPS of 0.1809 on revenue of 1.98B.
ICICI Bank ADR shares are up 23.08% from the beginning of the year and are trading at 18.13 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
ICICI Bank ADR follows other major Financial sector earnings this month
ICICI Bank ADR's report follows an earnings beat by Ally Financial Inc on Tuesday, who reported EPS of 2.33 on revenue of 2.09B, compared to forecasts EPS of 1.53 on revenue of 1.86B.
Danske Bank A/S ADR had missed expectations on Friday with second quarter EPS of 0.2451 on revenue of 1.66B, compared to forecast for EPS of 0.2518 on revenue of 1.64B.
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