Investing.com - Societe Generale (PA:SOGN) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Societe Generale announced earnings per share of €0.83 on revenue of €6.25B. Analysts polled by Investing.com anticipated EPS of €0.1524 on revenue of €5.92B.
Societe Generale shares are up 46% from the beginning of the year and are trading at €24.93 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 9.72% from the start of the year.
Societe Generale follows other major Financial sector earnings this month
Societe Generale's report follows an earnings beat by BNP Paribas on April 30, who reported EPS of €1.12 on revenue of €11.83B, compared to forecasts EPS of €0.991 on revenue of €11.23B.
Amundi had beat expectations on April 29 with first quarter EPS of €1.53 on revenue of €770M, compared to forecast for EPS of €1.28 on revenue of €689.29M.
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