Investing.com - BBVA (BME:BBVA) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BBVA announced earnings per share of €0.28 on revenue of €6.09B. Analysts polled by Investing.com anticipated EPS of €0.15 on revenue of €5.24B.
BBVA shares are down 30% from the beginning of the year and are trading at €4.419 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 10.11% from the start of the year.
BBVA follows other major Financial sector earnings this month
BBVA's report follows an earnings beat by Santander on Thursday, who reported EPS of €0.131 on revenue of €12.82B, compared to forecasts EPS of €0.1264 on revenue of €12.63B.
Mapfre had beat expectations on Friday with second quarter EPS of €0.11 on revenue of €4.74B, compared to forecast for EPS of €0.04 on revenue of €4.53B.
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