Investing.com - Santander (BME:SAN) Mexico B ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Santander Mexico B ADR announced earnings per share of Mex$0.1821 on revenue of Mex$1.03B. Analysts polled by Investing.com anticipated EPS of Mex$0.1812 on revenue of Mex$1.08B.
Santander Mexico B ADR shares are down 4.08% from the beginning of the year and are trading at Mex$5.410 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Santander Mexico B ADR follows other major Financial sector earnings this month
Santander Mexico B ADR's report follows an earnings missed by JPMorgan on April 13, who reported EPS of Mex$2.63 on revenue of Mex$30.72B, compared to forecasts EPS of Mex$2.7 on revenue of Mex$30.66B.
Bank of America had beat expectations on April 18 with first quarter EPS of Mex$0.8 on revenue of Mex$23.23B, compared to forecast for EPS of Mex$0.7495 on revenue of Mex$23.13B.
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