Investing.com - ICICI Prudential Life Insurance reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
ICICI Prudential Life Insurance announced earnings per share of ₹1.39 on revenue of ₹95.85. Analysts polled by Investing.com anticipated EPS of ₹2.80 on revenue of ₹105B.
ICICI Prudential Life Insurance shares are down 16% from the beginning of the year, still down 25.55% from its 52 week high of ₹682.45 set on October 19, 2021.
ICICI Prudential Life Insurance shares lost 0.32% in intra-day trade following the report.
ICICI Prudential Life Insurance follows other major Financial sector earnings this month
ICICI Prudential Life Insurance's report follows an earnings missed by Muthoot Finance on August 12, who reported EPS of ₹20.4 on revenue of ₹25.09B, compared to forecasts EPS of ₹26.3 on revenue of ₹21.7B.
Federal Bank had beat expectations on Friday with second quarter EPS of ₹3.45 on revenue of ₹48.87B, compared to forecast for EPS of ₹2.75 on revenue of ₹21.64B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar