Investing.com - Sampo Oyj A reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sampo Oyj A announced earnings per share of €0.99 on revenue of €2.47B. Analysts polled by Investing.com anticipated EPS of €0.8584 on revenue of €1.16B.
Sampo Oyj A shares are up 22% from the beginning of the year, still down 0.12% from its 52 week high of €42.44 set on August 4. They are outperforming the STOXX 600 which is up 17.34% from the start of the year.
Sampo Oyj A follows other major Financial sector earnings this month
Sampo Oyj A's report follows an earnings beat by Nordea Bank on July 21, who reported EPS of €0.25 on revenue of €2.42B, compared to forecasts EPS of €0.2132 on revenue of €2.32B.
Evli Pankki Oyj had missed expectations on July 14 with second quarter EPS of €0.29 on revenue of €28.7M, compared to forecast for EPS of €0.3061 on revenue of €23.97M.
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