Investing.com - Santander (MC:SAN) Chile ADR reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Santander Chile ADR announced earnings per share of 0.58 on revenue of 0.1. Analysts polled by Investing.com anticipated EPS of 0.493 on revenue of 735.96M.
Santander Chile ADR shares are up 27% from the beginning of the year, still down 24.32% from its 52 week high of 26.15 set on April 21, 2021. They are outperforming the S&P 500 which is down 3.71% from the start of the year.
Santander Chile ADR follows other major Financial sector earnings this month
Santander Chile ADR's report follows an earnings beat by JPMorgan on January 14, who reported EPS of 3.33 on revenue of 29.26B, compared to forecasts EPS of 3.01 on revenue of 29.78B.
Bank of America had beat expectations on January 19 with fourth quarter EPS of 0.82 on revenue of 22.06B, compared to forecast for EPS of 0.7652 on revenue of 22.18B.
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