Investing.com - Barclays (LON:BARC) reported on Wednesday first quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Barclays announced earnings per share of £0.04 on revenue of £6.28B. Analysts polled by Investing.com anticipated EPS of £0.04 on revenue of £5.37B. That with comparison to EPS of £0.06 on revenue of £4.8B in the same period a year before.Barclays had reported EPS of £0.05 on revenue of £5.3B in the previous quarter.Analysts are expecting EPS of £0.02 and revenue of £5.23B in the upcoming quarter.
Barclays shares are down 38.67% from the beginning of the year and are trading at £110.18 , down-from-52-week-high.They are under-performing the FTSE 100 which is down 18.92% year to date.
Barclays follows other major Financial sector earnings this month
Barclays's report follows an earnings missed by HSBC on Tuesday, who reported EPS of £0.07 on revenue of £10.72B, compared to forecasts EPS of £0.1 on revenue of £10.51B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar