Investing.com - Mapfre reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Mapfre announced earnings per share of €0.08 on revenue of €4.65B. Analysts polled by Investing.com anticipated EPS of €0.0766 on revenue of €4.95B.
Mapfre shares are up 10% from the beginning of the year and are trading at €1.986 , down-from-52-week-high.They are outperforming the IBEX 35 which is up 1.98% from the start of the year.
Mapfre follows other major Financial sector earnings this month
Mapfre's report follows an earnings missed by Santander on Wednesday, February 2, 2022, who reported EPS of €0.124 on revenue of €11.78B, compared to forecasts EPS of €0.13 on revenue of €11.61B.
BBVA had beat expectations on Thursday, February 3, 2022 with fourth quarter EPS of €0.19 on revenue of €5.48B, compared to forecast for EPS of €0.1791 on revenue of €5.07B.
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