Investing.com - Lloyds Banking (LON:LLOY) ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Lloyds Banking ADR announced earnings per share of £0.0757 on revenue of £5.19B. Analysts polled by Investing.com anticipated EPS of £0.078 on revenue of £5.29B.
Lloyds Banking ADR shares are down 10.98% from the beginning of the year and are trading at £2.270 , down-from-52-week-high.They are under-performing 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 missed by JPMorgan on April 13, who reported EPS of £2.63 on revenue of £30.72B, compared to forecasts EPS of £2.7 on revenue of £30.66B.
Bank of America had beat expectations on April 18 with first quarter EPS of £0.8 on revenue of £23.23B, compared to forecast for EPS of £0.7495 on revenue of £23.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar