Investing.com - Natixis reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Natixis announced earnings per share of €0.03 on revenue of €1.84B. Analysts polled by Investing.com anticipated EPS of €0.05 on revenue of €1.79B.
Natixis shares are down 48% from the beginning of the year and are trading at €2.02 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 11.77% from the start of the year.
Natixis follows other major Financial sector earnings this month
Natixis's report follows an earnings beat by BNP Paribas on Tuesday, who reported EPS of €1.47 on revenue of €10.89B, compared to forecasts EPS of €1.21 on revenue of €10.71B.
Credit Agricole had beat expectations on Wednesday with third quarter EPS of €0.36 on revenue of €5.14B, compared to forecast for EPS of €0.28 on revenue of €5.03B.
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