Investing.com - Lloyds Banking (LON:LLOY) ADR reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Lloyds Banking ADR announced earnings per share of £0.0709 on revenue of £5.59B. Analysts polled by Investing.com anticipated EPS of £0.071 on revenue of £5.36B.
Lloyds Banking ADR shares are up 9.8% from the beginning of the year and are trading at £2.800 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% 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 Commerzbank AG PK on February 16, who reported EPS of £0.126 on revenue of £2.39B, compared to forecasts EPS of £0.1107 on revenue of £2.12B.
Blackstone Group had beat expectations on January 27 with fourth quarter EPS of £1.71 on revenue of £4.46B, compared to forecast for EPS of £1.4 on revenue of £3.34B.
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