Investing.com - Commercial Bank Qatar reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Commercial Bank Qatar announced earnings per share of ﷼0.180 on revenue of ﷼2.530. Analysts polled by Investing.com anticipated EPS of ﷼0.198 on revenue of ﷼1.36B.
Commercial Bank Qatar shares are up 0.47% from the beginning of the year and are trading at ﷼6.930 , down-from-52-week-high.
Commercial Bank Qatar follows other major Financial sector earnings this month
Commercial Bank Qatar's report follows an earnings matched by QNB on Monday, October 10, 2022, who reported EPS of ﷼0.39 on revenue of ﷼9.18B, compared to forecasts EPS of ﷼0.39 on revenue of ﷼7.97B.
Qatar Islamic Bank had beat expectations on Wednesday with third quarter EPS of ﷼0.44 on revenue of ﷼2.31B, compared to forecast for EPS of ﷼0.404 on revenue of ﷼1.6B.
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