Investing.com - UBS Group reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
UBS Group announced earnings per share of $0.43 on revenue of $7.93B. Analysts polled by Investing.com anticipated EPS of $0.38 on revenue of $7.65B. That with comparison to EPS of $0.28 on revenue of $7.22B in the same period a year before.UBS Group had reported EPS of $0.19 on revenue of $7.05B in the previous quarter.Analysts are expecting EPS of $0.31 and revenue of $7.37B in the upcoming quarter.
UBS Group shares are down 22.26% from the beginning of the year and are trading at $9.78 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.
UBS Group follows other major Financial sector earnings this month
UBS Group's report follows an earnings missed by JPMorgan on Tuesday, April 14, 2020, who reported EPS of $0.78 on revenue of $29.07B, compared to forecasts EPS of $1.87 on revenue of $29.54B.
UnitedHealth had beat expectations on Wednesday, April 15, 2020 with first quarter EPS of $3.72 on revenue of $64.42B, compared to forecast for EPS of $3.63 on revenue of $64.16B.
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