Investing.com - Societe Generale (PA:SOGN) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Societe Generale announced earnings per share of €1.46 on revenue of €6.62B. Analysts polled by Investing.com anticipated EPS of €0.9782 on revenue of €6.16B.
Societe Generale shares are up 22% from the beginning of the year and are trading at €37.12 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 3.14% from the start of the year.
Societe Generale shares gained 4.20% in intra-day trade the report.
Societe Generale follows other major Financial sector earnings this month
Societe Generale's report follows an earnings missed by BNP Paribas on Tuesday, who reported EPS of €1.62 on revenue of €11.23B, compared to forecasts EPS of €1.68 on revenue of €11.41B.
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