Investing.com - Standard Life (LON:SLA) Aberdeen reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Standard Life Aberdeen announced earnings per share of £0.61 on revenue of £1.04B. Analysts polled by Investing.com anticipated EPS of £6.04 on revenue of £689.31M.
Standard Life Aberdeen shares are up 5% from the beginning of the year and are trading at £296.10 , down-from-52-week-high.They are broadly in line with the STOXX 600 which is up 5.36% 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 beat by HSBC on Tuesday, February 23, 2021, who reported EPS of £0.0213 on revenue of £8.38B, compared to forecasts EPS of £0.0102 on revenue of £8.33B.
London Stock Exchange had missed expectations on Friday with fourth quarter EPS of £0.55 on revenue of £609M, compared to forecast for EPS of £105.30 on revenue of £525.5M.
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