Investing.com - Sumitomo Mitsui Financial ADR reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Sumitomo Mitsui Financial ADR announced earnings per share of ¥0.0684 on revenue of ¥5.42B. Analysts polled by Investing.com anticipated EPS of ¥0.1315 on revenue of ¥6.28B.
Sumitomo Mitsui Financial ADR shares are down 13.55% from the beginning of the year and are trading at ¥5.870 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% 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 Berkshire Hathaway A on Monday, May 2, 2022, who reported EPS of ¥4774.01 on revenue of ¥70.81B, compared to forecasts EPS of ¥4277.66 on revenue of ¥70.32B.
Bank of America had beat expectations on Monday, April 18, 2022 with first quarter EPS of ¥0.8 on revenue of ¥23.23B, compared to forecast for EPS of ¥0.7495 on revenue of ¥23.13B.
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