Investing.com - Aareal Bank AG reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Aareal Bank AG announced earnings per share of €0.27 on revenue of €197.0M. Analysts polled by Investing.com anticipated EPS of €0.30 on revenue of €198M.
Aareal Bank AG shares are down 12.32% from the beginning of the year, still down 14.27% from its 52 week high of €25.64 set on April 6. They are under-performing the EUR/USD which is down 0% from the start of the year.
Aareal Bank AG follows other major Financial sector earnings this month
Aareal Bank AG's report follows an earnings beat by Muench. Rueckvers. on May 6, who reported EPS of €4.24 on revenue of €14.55B, compared to forecasts EPS of €3.49 on revenue of €14.86B.
Deutsche Boerse had beat expectations on April 20 with first quarter EPS of €1.81 on revenue of €855.1M, compared to forecast for EPS of €1.62 on revenue of €845.57M.
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