Investing.com - Banco Santander (MC:SAN) Brasil ADR reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Banco Santander Brasil ADR announced earnings per share of R$0.11 on revenue of R$3.2B. Analysts polled by Investing.com anticipated EPS of R$0.13 on revenue of R$3.15B.
Banco Santander Brasil ADR shares are down 51.28% from the beginning of the year and are trading at R$5.91 , down-from-52-week-high.They are under-performing 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 Mastercard on Thursday, who reported EPS of R$1.36 on revenue of R$3.34B, compared to forecasts EPS of R$1.16 on revenue of R$3.25B.
JPMorgan had beat expectations on Tuesday, July 14, 2020 with second quarter EPS of R$1.38 on revenue of R$33.82B, compared to forecast for EPS of R$1.15 on revenue of R$30.41B.
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