Investing.com - Itau Unibanco reported on Monday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Itau Unibanco announced earnings per share of 0.1521 on revenue of 6.24B. Analysts polled by Investing.com anticipated EPS of 0.1455 on revenue of 6.38B.
Itau Unibanco shares are up 8.56% from the beginning of the year and are trading at 4.890 , down-from-52-week-high.They are outperforming the Nifty 50 which is up 0.99% from the start of the year.
Itau Unibanco follows other major Financial sector earnings this month
Itau Unibanco'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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar