Investing.com - Mapfre reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Mapfre announced earnings per share of €0.02 on revenue of €4.93B. Analysts polled by Investing.com anticipated EPS of €0.05 on revenue of €4.35B.
Mapfre shares are down 2% from the beginning of the year and are trading at €1.552 , down-from-52-week-high.They are under-performing the IBEX 35 which is down 0.23% from the start of the year.
Mapfre follows other major Financial sector earnings this month
Mapfre's report follows an earnings beat by Santander on Wednesday, February 3, 2021, who reported EPS of €0.074 on revenue of €11B, compared to forecasts EPS of €0.0593 on revenue of €10.71B.
BBVA had beat expectations on Friday, January 29, 2021 with fourth quarter EPS of €0.175 on revenue of €5.27B, compared to forecast for EPS of €0.15 on revenue of €5.27B.
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