Investing.com - Schroders (LON:SDR) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Schroders announced earnings per share of £1.09 on revenue of £1.54B. Analysts polled by Investing.com anticipated EPS of £109.30 on revenue of £1,209M.
Schroders shares are down 19% from the beginning of the year and are trading at £3,006.0 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 10.34% from the start of the year.
Schroders follows other major Financial sector earnings this month
Schroders's report follows an earnings missed by HSBC on Tuesday, February 22, 2022, who reported EPS of £0.0883 on revenue of £8.89B, compared to forecasts EPS of £0.1 on revenue of £8.85B.
State Bank India had missed expectations on Saturday, February 5, 2022 with fourth quarter EPS of £1.26 on revenue of £5.27B, compared to forecast for EPS of £1.27 on revenue of £5.27B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar