Investing.com - Banco Santander (MC:SAN) Brasil ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Banco Santander Brasil ADR announced earnings per share of 0.151 on revenue of 3.15B. Analysts polled by Investing.com anticipated EPS of 0.1789 on revenue of 3.17B.
Banco Santander Brasil ADR shares are up 27.62% from the beginning of the year and are trading at 7.28 , down-from-52-week-high.They are outperforming the S&P/BMV IPC which is up 11.09% from the start of the year.
Banco Santander Brasil ADR follows other major Financial sector earnings this month
Banco Santander Brasil ADR's report follows an earnings beat by JPMorgan on Wednesday, April 14, 2021, who reported EPS of 4.5 on revenue of 33.12B, compared to forecasts EPS of 3.1 on revenue of 30.49B.
Mastercard had beat expectations on Thursday with first quarter EPS of 1.74 on revenue of 4.16B, compared to forecast for EPS of 1.58 on revenue of 4B.
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