Investing.com - Standard Life (LON:ABDN) Aberdeen reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Standard Life Aberdeen announced earnings per share of £0.05 on revenue of £1.02B. Analysts polled by Investing.com anticipated EPS of £5.20 on revenue of £732.45M.
Standard Life Aberdeen shares are up 3% from the beginning of the year and are trading at £290.80 , down-from-52-week-high.They are under-performing the FTSE 100 which is up 10.84% from the start of the year.
Standard Life Aberdeen follows other major Financial sector earnings this month
Standard Life Aberdeen's report follows an earnings missed by HSBC on Monday, August 2, 2021, who reported EPS of £0.1223 on revenue of £9.01B, compared to forecasts EPS of £0.1238 on revenue of £9.09B.
London Stock Exchange had matched expectations on Friday with second quarter EPS of £1.37 on revenue of £1.68B, compared to forecast for EPS of £1.37 on revenue of £1.68B.
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