Investing.com - BBVA (MC:BBVA) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
BBVA announced earnings per share of €0.2 on revenue of €4.96B. Analysts polled by Investing.com anticipated EPS of €0.1827 on revenue of €5.07B.
BBVA shares are up 48% from the beginning of the year and are trading at €5.981 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 19.54% from the start of the year.
BBVA shares gained 6.03% in intra-day trade the report.
BBVA follows other major Financial sector earnings this month
BBVA's report follows an earnings missed by Santander on Wednesday, who reported EPS of €0.117 on revenue of €11.93B, compared to forecasts EPS of €0.12 on revenue of €11.56B.
Bankinter had beat expectations on Friday, October 22, 2021 with third quarter EPS of €0.12 on revenue of €508M, compared to forecast for EPS of €0.1133 on revenue of €475.32M.
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