Investing.com - Sumitomo Mitsui Financial ADR reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sumitomo Mitsui Financial ADR announced earnings per share of 0.1578 on revenue of 6.29B. Analysts polled by Investing.com anticipated EPS of 0.1207 on revenue of 6.21B.
Sumitomo Mitsui Financial ADR shares are down 11% from the beginning of the year and are trading at 7.26 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 9.6% from the start of the year.
Sumitomo Mitsui Financial ADR shares lost 0.14% in intra-day trade after the report.
Sumitomo Mitsui Financial ADR follows other major Financial sector earnings this month
Sumitomo Mitsui Financial ADR's report follows an earnings beat by Berkshire Hathaway A on Saturday, May 1, 2021, who reported EPS of 4571.96 on revenue of 67.48B, compared to forecasts EPS of 3792.36 on revenue of 63.54B.
UnitedHealth had beat expectations on Thursday, April 15, 2021 with first quarter EPS of 5.31 on revenue of 70.2B, compared to forecast for EPS of 4.39 on revenue of 69.07B.
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