Investing.com - Insurance Australia Group reported fourth quarter earnings that missed analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of A$0.07 on revenue of A$7.02B. Analysts polled by Investing.com anticipated EPS of A$10.65 on revenue of A$5,287M. .
For the year, Insurance Australia Group shares are up 9.39%, outperforming the S&P/ASX 200 which is down 5.54% year to date.
Insurance Australia Group follows other major Financial sector earnings this month
On Tuesday, Commonwealth Bank Australia reported fourth quarter EPS of A$2.79 on revenue of A$6.01B, compared to forecasts of EPS of A$258.63 on revenue of A$12,112M.
Suncorp earnings missed analyst's expectations on Monday, with fourth quarter EPS of A$0.23 on revenue of A$7.80B. Investing.com analysts expected EPS of A$36.00 on revenue of A$6,195M
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar