Investing.com - Mapfre reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Mapfre announced earnings per share of €0.06 on revenue of €4.71B. Analysts polled by Investing.com anticipated EPS of €0.04 on revenue of €4.53B.
Mapfre shares are down 13% from the beginning of the year and are trading at €1.563 , down-from-52-week-high.They are under-performing the IBEX 35 which is down 7.22% 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 Thursday, who reported EPS of €0.131 on revenue of €12.82B, compared to forecasts EPS of €0.1264 on revenue of €12.63B.
Bankinter had beat expectations on Thursday, July 21, 2022 with second quarter EPS of €0.13 on revenue of €463.32M, compared to forecast for EPS of €0.1178 on revenue of €456.79M.
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