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Credit Suisse ADR Earnings, Revenue miss in Q1

Published 2022-04-27, 03:44 a/m
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Investing.com - Credit Suisse (SIX:CSGN) ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Credit Suisse ADR announced earnings per share of CHF0.1795 on revenue of CHF4.6B. Analysts polled by Investing.com anticipated EPS of CHF0.2625 on revenue of CHF5.46B.

Credit Suisse ADR shares are down 29.88% from the beginning of the year and are trading at CHF6.76 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.

Credit Suisse ADR follows other major Financial sector earnings this month

Credit Suisse ADR's report follows an earnings missed by JPMorgan on Wednesday, April 13, 2022, who reported EPS of CHF2.63 on revenue of CHF30.72B, compared to forecasts EPS of CHF2.7 on revenue of CHF30.66B.

Bank of America had beat expectations on Monday, April 18, 2022 with first quarter EPS of CHF0.8 on revenue of CHF23.23B, compared to forecast for EPS of CHF0.7495 on revenue of CHF23.13B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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