Investing.com - BBVA (MC:BBVA) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
BBVA announced earnings per share of €0.18 on revenue of €4.69B. Analysts polled by Investing.com anticipated EPS of €0.05 on revenue of €4.93B.
BBVA shares are up 19% from the beginning of the year and are trading at €5.395 , down-from-52-week-high.They are outperforming the FTSE 100 which is up 8.47% from the start of the year.
BBVA shares lost 0.31% in intra-day trade the report.
BBVA follows other major Financial sector earnings this month
BBVA's report follows an earnings beat by Santander on Wednesday, who reported EPS of €0.112 on revenue of €11.31B, compared to forecasts EPS of €0.11 on revenue of €11.05B.
Mapfre had matched expectations on Sunday with second quarter EPS of €0.06 on revenue of €5.77B, compared to forecast for EPS of €0.06 on revenue of €4.35B.
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