Investing.com - Erste Group Bank AG (OTC:EBKDY) reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Erste Group Bank AG announced earnings per share of €0.12 on revenue of €1.8B. Analysts polled by Investing.com anticipated EPS of €0.13 on revenue of €1.75B.
Erste Group Bank AG shares are down 43% from the beginning of the year , still down 47.12% from its 52 week high of €35.80 set on February 17. They are under-performing the STOXX 600 which is down 14.31% from the start of the year.
Erste Group Bank AG follows other major Financial sector earnings this month
Erste Group Bank AG's report follows an earnings missed by BAWAG on Tuesday, who reported EPS of €0.67 on revenue of €284.2M, compared to forecasts EPS of €0.69 on revenue of €284.79M.
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