Investing.com - Erste Group Bank AG reported on Monday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Erste Group Bank AG announced earnings per share of €1.05 on revenue of €2.07B. Analysts polled by Investing.com anticipated EPS of €1.25 on revenue of €2.06B.
Erste Group Bank AG shares are down 42% from the beginning of the year and are trading at €23.955 , down-from-52-week-high.They are under-performing the ATX which is down 21.74% from the start of the year.
Erste Group Bank AG shares lost 3.02% in intra-day trade the report.
Erste Group Bank AG follows other major Financial sector earnings this month
Erste Group Bank AG's report follows an earnings beat by BAWAG on Thursday, July 21, 2022, who reported EPS of €2.74 on revenue of €650.7M, compared to forecasts EPS of €1.39 on revenue of €321.85M.
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