Investing.com - UniCredit reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
UniCredit announced earnings per share of €0.31 on revenue of €4.36B. Analysts polled by Investing.com anticipated EPS of €0.2 on revenue of €4.28B.
UniCredit shares are down 13% from the beginning of the year and are trading at €7.0220 , down-from-52-week-high.They are outperforming the FTSE 100 which is down 21.69% from the start of the year.
UniCredit follows other major Financial sector earnings this month
UniCredit's report follows an earnings matched by Intesa Sanpaolo on Tuesday, who reported EPS of €0.03 on revenue of €4.66B, compared to forecasts EPS of €0.03 on revenue of €4.48B.
Mediobanca had beat expectations on Tuesday, October 27, 2020 with third quarter EPS of €0.24 on revenue of €626M, compared to forecast for EPS of €0.22 on revenue of €597.33M.
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