Investing.com - Santander (MC:SAN) ADR reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Santander ADR announced earnings per share of €0.1324 on revenue of €13.37B. Analysts polled by Investing.com anticipated EPS of €0.1301 on revenue of €13.08B.
Santander ADR shares are up 18.77% from the beginning of the year and are trading at €3.730 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Santander ADR follows other major Financial sector earnings this month
Santander ADR's report follows an earnings beat by Bank of America on Wednesday, July 14, 2021, who reported EPS of €1.03 on revenue of €21.47B, compared to forecasts EPS of €0.7706 on revenue of €21.8B.
Wells Fargo&Co had beat expectations on Wednesday, July 14, 2021 with second quarter EPS of €1.38 on revenue of €20.27B, compared to forecast for EPS of €0.9752 on revenue of €17.76B.
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