Investing.com - Natixis reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Natixis announced earnings per share of €0 on revenue of €1.73B. Analysts polled by Investing.com anticipated EPS of €0.01 on revenue of €1.75B.
Natixis shares are down 47% from the beginning of the year and are trading at €2.08 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 12.55% from the start of the year.
Natixis follows other major Financial sector earnings this month
Natixis's report follows an earnings beat by BNP Paribas on Friday, who reported EPS of €1.8 on revenue of €11.68B, compared to forecasts EPS of €1.23 on revenue of €10.9B.
Worldline SA had missed expectations on Thursday, July 23, 2020 with second quarter EPS of €0.62 on revenue of €514.5M, compared to forecast for EPS of €0.99 on revenue of €593M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar