Investing.com - Schroders (LON:SDR) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Schroders announced earnings per share of £0.79 on revenue of £1.19B. Analysts polled by Investing.com anticipated EPS of £81.34 on revenue of £1,024M.
Schroders shares are down 10% from the beginning of the year and are trading at £2,981.0 , down-from-52-week-high.They are outperforming the TR UK 50 which is down 19.6% from the start of the year.
Schroders follows other major Financial sector earnings this month
Schroders's report follows an earnings matched by Lloyds Banking on Thursday, who reported EPS of £-0.01 on revenue of £3.46B, compared to forecasts EPS of £-0.01 on revenue of £3.68B.
Barclays had matched expectations on Wednesday with second quarter EPS of £0.01 on revenue of £5.34B, compared to forecast for EPS of £0.01 on revenue of £5.25B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar