Investing.com - Grupo Aval reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Grupo Aval announced earnings per share of 0.1395 on revenue of 945.41M. Analysts polled by Investing.com anticipated EPS of 0.1411 on revenue of 1.09B.
Grupo Aval shares are down 30.53% from the beginning of the year and are trading at 3.510 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Grupo Aval follows other major Financial sector earnings this month
Grupo Aval's report follows an earnings beat by Berkshire Hathaway A on Saturday, who reported EPS of 6302.97 on revenue of 76.18B, compared to forecasts EPS of 4,756.64 on revenue of 73.71B.
JPMorgan had missed expectations on Thursday, July 14, 2022 with second quarter EPS of 2.76 on revenue of 30.72B, compared to forecast for EPS of 2.89 on revenue of 31.86B.
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