Investing.com - Intesa Sanpaolo (MI:ISP) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Intesa Sanpaolo announced earnings per share of €0.045 on revenue of €5.09B. Analysts polled by Investing.com anticipated EPS of €0.04 on revenue of €4.92B.
Intesa Sanpaolo shares are up 30% from the beginning of the year and are trading at €2.5020 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 20.6% from the start of the year.
Intesa Sanpaolo shares lost 100.00% in pre-market trade the report.
Intesa Sanpaolo follows other major Financial sector earnings this month
Intesa Sanpaolo's report follows an earnings beat by UniCredit on October 28, who reported EPS of €0.49 on revenue of €4.44B, compared to forecasts EPS of €0.365 on revenue of €4.26B.
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