Investing.com - ING ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ING ADR announced earnings per share of €0.3121 on revenue of €5.64B. Analysts polled by Investing.com anticipated EPS of €0.2336 on revenue of €5.34B.
ING ADR shares are up 36% from the beginning of the year and are trading at €13.05 , down-from-52-week-high.They are outperforming the AEX which is up 14% from the start of the year.
ING ADR follows other major Financial sector earnings this month
ING ADR's report follows an earnings beat by Berkshire Hathaway on Saturday, who reported EPS of €4571.96 on revenue of €67.48B, compared to forecasts EPS of €3818.2 on revenue of €63.41B.
JPMorgan had beat expectations on April 14 with first quarter EPS of €4.5 on revenue of €33.12B, compared to forecast for EPS of €3.1 on revenue of €30.49B.
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