Investing.com - Aegon reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Aegon announced earnings per share of €-0.19 on revenue of €4.75B. Analysts polled by Investing.com anticipated EPS of €0.0641 on revenue of €7.12B.
Aegon shares are up 10% from the beginning of the year and are trading at €4.846 , down-from-52-week-high.They are outperforming the AEX which is down 9.04% from the start of the year.
Aegon shares lost 100.00% in pre-market trade after the report.
Aegon follows other major Financial sector earnings this month
Aegon's report follows an earnings beat by ING Groep on Thursday, August 4, 2022, who reported EPS of €0.31 on revenue of €4.68B, compared to forecasts EPS of €0.293 on revenue of €4.53B.
ABN AMRO had beat expectations on Monday with second quarter EPS of €0.5 on revenue of €1.88B, compared to forecast for EPS of €0.303 on revenue of €1.79B.
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