Investing.com - ING ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ING ADR announced earnings per share of €0.314 on revenue of €4.74B. Analysts polled by Investing.com anticipated EPS of €0.3025 on revenue of €4.64B.
ING ADR shares are down 39% from the beginning of the year and are trading at €9.39 , down-from-52-week-high.They are under-performing the Nasdaq which is down 19.03% from the start of the year.
ING ADR shares lost 3.59% in pre-market trade after the report.
ING ADR follows other major Financial sector earnings this month
ING ADR's report follows an earnings beat by Berkshire Hathaway A on Tuesday, July 19, 2022, who reported EPS of €4774.01 on revenue of €70.81B, compared to forecasts EPS of €4277.66 on revenue of €70.32B.
JPMorgan had missed expectations on Thursday, July 14, 2022 with second quarter EPS of €2.76 on revenue of €30.72B, compared to forecast for EPS of €2.89 on revenue of €31.86B.
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