Investing.com - Santander (BME:SAN) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Santander announced earnings per share of €0.141 on revenue of €12.31B. Analysts polled by Investing.com anticipated EPS of €0.125 on revenue of €12.1B.
Santander shares are up 2% from the beginning of the year and are trading at €3.0130 , down-from-52-week-high.They are outperforming the S&P Global 100 which is down 7.96% from the start of the year.
Santander shares lost 1.34% in intra-day trade the report.
Santander follows other major Financial sector earnings this month
Santander's report follows an earnings beat by Bankinter on Friday, who reported EPS of €0.17 on revenue of €499M, compared to forecasts EPS of €0.1332 on revenue of €479.77M.
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