Investing.com - Lloyds Banking (LON:LLOY) reported on Thursday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Lloyds Banking announced earnings per share of £0.0131 on revenue of £4.12B. Analysts polled by Investing.com anticipated EPS of £0.0131 on revenue of £3.98B.
Lloyds Banking shares are down 0.23% from the beginning of the year and are trading at £47.69 , down-from-52-week-high.They are under-performing the TR UK 50 which is up 3.17% from the start of the year.
Lloyds Banking shares lost 8.64% in intra-day trade after the report.
Lloyds Banking follows other major Financial sector earnings this month
Lloyds Banking's report follows an earnings missed by HSBC on Tuesday, who reported EPS of £0.0883 on revenue of £8.89B, compared to forecasts EPS of £0.0991 on revenue of £8.85B.
State Bank India had matched expectations on Saturday, February 5, 2022 with fourth quarter EPS of £1.27 on revenue of £5.27B, compared to forecast for EPS of £1.27 on revenue of £5.27B.
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