Investing.com - BNP Paribas (OTC:BNPQY) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BNP Paribas announced earnings per share of €1.65 on revenue of €12.58B. Analysts polled by Investing.com anticipated EPS of €1.12 on revenue of €11.61B.
BNP Paribas shares are down 16% from the beginning of the year, still down 25.62% from its 52 week high of €68.07 set on February 10. They are under-performing the Euro Stoxx 50 which is down 12.54% from the start of the year.
BNP Paribas shares gained 3.74% in intra-day trade following the report.
BNP Paribas follows other major Financial sector earnings this month
BNP Paribas's report follows an earnings missed by Amundi on Friday, who reported EPS of €1.34 on revenue of €835M, compared to forecasts EPS of €1.47 on revenue of €813.25M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar