Investing.com - Qatar Islamic Bank reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Qatar Islamic Bank announced earnings per share of ﷼0.440 on revenue of ﷼2.310. Analysts polled by Investing.com anticipated EPS of ﷼0.404 on revenue of ﷼1.6B.
Qatar Islamic Bank shares are up 1.37% from the beginning of the year, still down 13.71% from its 52 week high of ﷼28.00 set on April 11.
Qatar Islamic Bank follows other major Financial sector earnings this month
Qatar Islamic Bank's report follows an earnings matched by QNB on October 10, who reported EPS of ﷼0.39 on revenue of ﷼9.18B, compared to forecasts EPS of ﷼0.39 on revenue of ﷼7.97B.
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