Investing.com - Banco Santander (MC:SAN) Brasil ADR reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Banco Santander Brasil ADR announced earnings per share of 0.21 on revenue of 3.32B. Analysts polled by Investing.com anticipated EPS of 0.1946 on revenue of 3.42B.
Banco Santander Brasil ADR shares are up 20.31% from the beginning of the year, still down 32.36% from its 52 week high of 9.27 set on June 16. They are outperforming the EUR/USD which is down 0% from the start of the year.
Banco Santander Brasil ADR follows other major Financial sector earnings this month
Banco Santander Brasil ADR's report follows an earnings beat by JPMorgan on October 13, who reported EPS of 3.74 on revenue of 30.44B, compared to forecasts EPS of 3 on revenue of 29.79B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of 4.52 on revenue of 72.34B, compared to forecast for EPS of 4.42 on revenue of 71.38B.
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