Investing.com - Lloyds Banking (LON:LLOY) ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Lloyds Banking ADR announced earnings per share of £0.0282 on revenue of £5.1B. Analysts polled by Investing.com anticipated EPS of £0.0731 on revenue of £5.06B.
Lloyds Banking ADR shares are up 24.7% from the beginning of the year and are trading at £2.40 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 10.21% from the start of the year.
Lloyds Banking ADR follows other major Financial sector earnings this month
Lloyds Banking ADR's report follows an earnings beat by JPMorgan on April 14, who reported EPS of £4.5 on revenue of £33.12B, compared to forecasts EPS of £3.1 on revenue of £30.49B.
UnitedHealth had beat expectations on April 15 with first quarter EPS of £5.31 on revenue of £70.2B, compared to forecast for EPS of £4.39 on revenue of £69.07B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar