Investing.com - NatWest Group reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NatWest Group announced earnings per share of £0.058 on revenue of £2.77B. Analysts polled by Investing.com anticipated EPS of £0.0318 on revenue of £2.75B.
NatWest Group shares are up 31% from the beginning of the year and are trading at £220.30 , down-from-52-week-high.They are outperforming the FTSE 100 which is up 11.67% from the start of the year.
NatWest Group shares lost 4.80% in intra-day trade the report.
NatWest Group follows other major Financial sector earnings this month
NatWest Group's report follows an earnings beat by HSBC on Monday, who reported EPS of £0.1235 on revenue of £8.86B, compared to forecasts EPS of £0.0991 on revenue of £8.56B.
London Stock Exchange had matched expectations on Friday, October 22, 2021 with third quarter EPS of £1.35 on revenue of £1.69B, compared to forecast for EPS of £1.35 on revenue of £1.7B.
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