Investing.com - Caixabank reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Caixabank announced earnings per share of €0.59 on revenue of €2.08B. Analysts polled by Investing.com anticipated EPS of €0.52 on revenue of €2.05B.
Caixabank shares are up 28% from the beginning of the year and are trading at €2.690 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 11.5% from the start of the year.
Caixabank follows other major Financial sector earnings this month
Caixabank's report follows an earnings beat by Santander on Wednesday, April 28, 2021, who reported EPS of €0.116 on revenue of €11.39B, compared to forecasts EPS of €0.0967 on revenue of €11.14B.
BBVA had beat expectations on Friday, April 30, 2021 with first quarter EPS of €0.165 on revenue of €5.16B, compared to forecast for EPS of €0.135 on revenue of €5.08B.
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