Investing.com - Banco Bradesco reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Banco Bradesco announced earnings per share of 0.1235 on revenue of 4.84B. Analysts polled by Investing.com anticipated EPS of 0.1234 on revenue of 5B.
Banco Bradesco shares are up 8.81% from the beginning of the year and are trading at 3.410 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Banco Bradesco follows other major Financial sector earnings this month
Banco Bradesco's report follows an earnings beat by JPMorgan on Wednesday, October 13, 2021, who reported EPS of 3.74 on revenue of 30.44B, compared to forecasts EPS of 3 on revenue of 29.79B.
UnitedHealth had beat expectations on Thursday, October 14, 2021 with third quarter EPS of 4.52 on revenue of 72.34B, compared to forecast for EPS of 4.42 on revenue of 71.38B.
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