Investing.com - Societe Generale (PA:SOGN) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Societe Generale announced earnings per share of €1.66 on revenue of €6.67B. Analysts polled by Investing.com anticipated EPS of €1.1 on revenue of €5.89B.
Societe Generale shares are up 77% from the beginning of the year and are trading at €30.23 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 20.78% 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 October 29, who reported EPS of €2 on revenue of €11.4B, compared to forecasts EPS of €1.75 on revenue of €11.25B.
Amundi had beat expectations on Thursday with third quarter EPS of €1.61 on revenue of €791M, compared to forecast for EPS of €1.41 on revenue of €751.39M.
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