Investing.com - BBVA (MC:BBVA) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BBVA announced earnings per share of €0.19 on revenue of €5.08B. Analysts polled by Investing.com anticipated EPS of €0.1436 on revenue of €5.05B.
BBVA shares are up 5% from the beginning of the year and are trading at €5.620 , down-from-52-week-high.They are outperforming the AEX which is down 4.98% from the start of the year.
BBVA shares lost 3.35% 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 €0.124 on revenue of €11.78B, compared to forecasts EPS of €0.1154 on revenue of €11.62B.
Caixabank had missed expectations on Thursday, January 27, 2022 with fourth quarter EPS of €0.05 on revenue of €2.89B, compared to forecast for EPS of €0.0767 on revenue of €2.42B.
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