Investing.com - Aviva (LON:AV) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Aviva announced earnings per share of £0.2 on revenue of £14.10B. Analysts polled by Investing.com anticipated EPS of £22.92 on revenue of £23,679M.
Aviva shares are down 28% from the beginning of the year and are trading at £297.50 , down-from-52-week-high.They are under-performing the TR UK 50 which is down 19.55% from the start of the year.
Aviva follows other major Financial sector earnings this month
Aviva's report follows an earnings missed by HSBC on Monday, who reported EPS of £0.01 on revenue of £10.09B, compared to forecasts EPS of £0.07 on revenue of £10.64B.
London Stock Exchange had missed expectations on Friday, July 31, 2020 with second quarter EPS of £0.64 on revenue of £620M, compared to forecast for EPS of £118.60 on revenue of £515M.
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