Investing.com - Sumitomo Mitsui Financial ADR reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sumitomo Mitsui Financial ADR announced earnings per share of $0.286 on revenue of $15.24B. Analysts polled by Investing.com anticipated EPS of $0.180 on revenue of $5.02B.
Sumitomo Mitsui Financial ADR shares are down 29.9% from the beginning of the year and are trading at $6.140 , down-from-52-week-high.
Sumitomo Mitsui Financial ADR follows other major Financial sector earnings this month
Sumitomo Mitsui Financial ADR's report follows an earnings missed by Berkshire Hathaway A on Saturday, November 5, 2022, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7769 on revenue of $23.54B.
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