Investing.com - St. James’s Place reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
St. James’s Place announced earnings per share of £0.22 on revenue of £1.43B. Analysts polled by Investing.com anticipated EPS of £14.57 on revenue of £95.77M.
St. James’s Place shares are up 40% from the beginning of the year and are trading at £1,592.50 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 15.71% from the start of the year.
St. James’s Place follows other major Financial sector earnings this month
St. James’s Place's report follows an earnings beat by Barclays on Wednesday, who reported EPS of £0.123 on revenue of £5.42B, compared to forecasts EPS of £0.0986 on revenue of £5.32B.
Commer Intl Bank had missed expectations on July 13 with second quarter EPS of £0.1224 on revenue of £405.35M, compared to forecast for EPS of £0.1353 on revenue of £404.36M.
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