Investing.com - ICICI Bank ADR reported on Saturday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
ICICI Bank ADR announced earnings per share of 0.2641 on revenue of 2.27B. Analysts polled by Investing.com anticipated EPS of 0.2398 on revenue of 2.41B.
ICICI Bank ADR shares are down 4.65% from the beginning of the year and are trading at 18.77 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
ICICI Bank ADR follows other major Financial sector earnings this month
ICICI Bank ADR's report follows an earnings missed by JPMorgan on Wednesday, April 13, 2022, who reported EPS of 2.63 on revenue of 30.72B, compared to forecasts EPS of 2.7 on revenue of 30.66B.
Bank of America had beat expectations on Monday, April 18, 2022 with first quarter EPS of 0.8 on revenue of 23.23B, compared to forecast for EPS of 0.7495 on revenue of 23.13B.
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