Investing.com - Mitsubishi UFJ Financial ADR reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Mitsubishi UFJ Financial ADR announced earnings per share of ¥0.2719 on revenue of ¥13.7B. Analysts polled by Investing.com anticipated EPS of ¥0.1417 on revenue of ¥8.86B.
Mitsubishi UFJ Financial ADR shares are up 21.9% from the beginning of the year and are trading at ¥5.400 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Mitsubishi UFJ Financial ADR shares gained 1.69% in intra-day trade the report.
Mitsubishi UFJ Financial ADR follows other major Financial sector earnings this month
Mitsubishi UFJ Financial ADR's report follows an earnings beat by Bank of America on July 14, who reported EPS of ¥1.03 on revenue of ¥21.47B, compared to forecasts EPS of ¥0.7706 on revenue of ¥21.8B.
Wells Fargo&Co had beat expectations on July 14 with second quarter EPS of ¥1.38 on revenue of ¥20.27B, compared to forecast for EPS of ¥0.9752 on revenue of ¥17.76B.
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