Investing.com - Nomura ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Nomura ADR announced earnings per share of ¥0.0043 on revenue of ¥2.27B. Analysts polled by Investing.com anticipated EPS of ¥0.0325 on revenue of ¥2.25B.
Nomura ADR shares are down 12.93% from the beginning of the year and are trading at ¥3.770 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Nomura ADR follows other major Financial sector earnings this month
Nomura ADR's report follows an earnings beat by Berkshire Hathaway A on July 19, who reported EPS of ¥4774.01 on revenue of ¥70.81B, compared to forecasts EPS of ¥4277.66 on revenue of ¥70.32B.
JPMorgan had missed expectations on July 14 with second quarter EPS of ¥2.76 on revenue of ¥30.72B, compared to forecast for EPS of ¥2.89 on revenue of ¥31.86B.
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