Investing.com - Sumitomo Mitsui Financial ADR reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sumitomo Mitsui Financial ADR announced earnings per share of ¥0.2706 on revenue of ¥8.68B. Analysts polled by Investing.com anticipated EPS of ¥0.213 on revenue of ¥6.19B.
Sumitomo Mitsui Financial ADR shares are up 21% from the beginning of the year and are trading at ¥6.820 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 16.26% from the start of the year.
Sumitomo Mitsui Financial ADR follows other major Financial sector earnings this month
Sumitomo Mitsui Financial ADR's report follows an earnings beat by JPMorgan on Tuesday, July 13, 2021, who reported EPS of ¥3.78 on revenue of ¥31.4B, compared to forecasts EPS of ¥3.2 on revenue of ¥29.97B.
PayPal Holdings Inc had beat expectations on Wednesday with second quarter EPS of ¥1.15 on revenue of ¥6.24B, compared to forecast for EPS of ¥1.12 on revenue of ¥6.27B.
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