Investing.com - ICICI Bank ADR reported on Saturday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
ICICI Bank ADR announced earnings per share of 0.2274 on revenue of 2.29B. Analysts polled by Investing.com anticipated EPS of 0.2368 on revenue of 2.3B.
ICICI Bank ADR shares are up 6.27% from the beginning of the year and are trading at 21.03 , 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 JPMorgan on January 14, who reported EPS of 3.33 on revenue of 29.26B, compared to forecasts EPS of 3.01 on revenue of 29.78B.
Bank of America had beat expectations on Wednesday with fourth quarter EPS of 0.82 on revenue of 22.06B, compared to forecast for EPS of 0.7652 on revenue of 22.18B.
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