Investing.com - Schroders (LON:SDR) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Schroders announced earnings per share of £0.93 on revenue of £1.32B. Analysts polled by Investing.com anticipated EPS of £85.83 on revenue of £1,011M.
Schroders shares are down 5.13% from the beginning of the year and are trading at £3,475.0 , down-from-52-week-high.They are under-performing the FTSE 100 which is up 2.95% from the start of the year.
Schroders follows other major Financial sector earnings this month
Schroders's report follows an earnings beat by HSBC on Tuesday, February 23, 2021, who reported EPS of £0.0213 on revenue of £8.38B, compared to forecasts EPS of £0.0102 on revenue of £8.33B.
Barclays had beat expectations on Thursday, February 18, 2021 with fourth quarter EPS of £0.013 on revenue of £4.94B, compared to forecast for EPS of £-0.0054 on revenue of £4.58B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar