Investing.com - Firstrand reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Firstrand announced earnings per share of R3.02 on revenue of R84.60B. Analysts polled by Investing.com anticipated EPS of R285.00 on revenue of R59,775M.
Firstrand shares are up 6% from the beginning of the year and are trading at R6,502 , down-from-52-week-high.
Firstrand follows other major Financial sector earnings this month
Firstrand's report follows an earnings missed by Standard Bank Grp on Friday, August 19, 2022, who reported EPS of R9.55 on revenue of R78.29B, compared to forecasts EPS of R896.00 on revenue of R71,452M.
Nedbank Group had beat expectations on Friday, August 26, 2022 with second quarter EPS of R13.76 on revenue of R51.67B, compared to forecast for EPS of R1,420 on revenue of R30,099M.
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