Investing.com - Santander (MC:SAN) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Santander announced earnings per share of €0.09 on revenue of €10.7B. Analysts polled by Investing.com anticipated EPS of €0.03 on revenue of €10.67B.
Santander shares are down 49% from the beginning of the year and are trading at €1.883 , down-from-52-week-high.They are under-performing the S&P Global (NYSE:SPGI) 100 which is up 1.98% from the start of the year.
Santander follows other major Financial sector earnings this month
Santander's report follows an earnings missed by Mapfre on Friday, July 24, 2020, who reported EPS of €0.04 on revenue of €4.89B, compared to forecasts EPS of €0.06 on revenue of €3.77B.
Bankinter had missed expectations on Thursday, July 23, 2020 with second quarter EPS of €-0.02 on revenue of €426.95M, compared to forecast for EPS of €0.04 on revenue of €400.34M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar