Investing.com - UBS Group reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
UBS Group announced earnings per share of $0.61 on revenue of $8.92B. Analysts polled by Investing.com anticipated EPS of $0.5792 on revenue of $9.24B.
UBS Group shares are down 6.1% from the beginning of the year and are trading at $16.78 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
UBS Group follows other major Financial sector earnings this month
UBS Group's report follows an earnings beat by Berkshire Hathaway A on Tuesday, July 19, 2022, who reported EPS of $4774.01 on revenue of $70.81B, compared to forecasts EPS of $4277.66 on revenue of $70.32B.
JPMorgan had missed expectations on Thursday, July 14, 2022 with second quarter EPS of $2.76 on revenue of $30.72B, compared to forecast for EPS of $2.89 on revenue of $31.86B.
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