Investing.com - Intesa Sanpaolo (MI:ISP) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Intesa Sanpaolo announced earnings per share of €0.0042 on revenue of €5.02B. Analysts polled by Investing.com anticipated EPS of €0.0138 on revenue of €4.96B.
Intesa Sanpaolo shares are down 15% from the beginning of the year and are trading at €2.6810 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 5.13% from the start of the year.
Intesa Sanpaolo follows other major Financial sector earnings this month
Intesa Sanpaolo's report follows an earnings beat by UniCredit on Thursday, January 27, 2022, who reported EPS of €0.3529 on revenue of €4.44B, compared to forecasts EPS of €0.29 on revenue of €4.24B.
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