Investing.com - BNP Paribas (PA:BNPP) reported on Monday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
BNP Paribas announced earnings per share of €1.03 on revenue of €40.10B. Analysts polled by Investing.com anticipated EPS of €1.23 on revenue of €10.9B.
BNP Paribas shares are down 35% from the beginning of the year and are trading at €34.12 , down-from-52-week-high.They are under-performing the Euro Stoxx 50 which is down 15.24% from the start of the year.
BNP Paribas follows other major Financial sector earnings this month
BNP Paribas's report follows an earnings missed by Worldline SA on Thursday, July 23, 2020, who reported EPS of €0.62 on revenue of €514.5M, compared to forecasts EPS of €0.99 on revenue of €593M.
Amundi had beat expectations on Friday with second quarter EPS of €1.13 on revenue of €625M, compared to forecast for EPS of €1.1 on revenue of €633.25M.
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