Crédit Agricole revenue, revenue missed in the first quarter by Investing.com
Investing.com – Agricultural credit (PA 🙂 reported on Friday’s first quarter that analysts’ forecasts and earnings were below expectations.
Crédit Agricole announced earnings per share of € 0.151 on turnover of € 5 billion. Analysts polled by Investing.com were forecasting EPS of € 0.2002 on revenue of € 5.21 billion.
Crédit Agricole stock is up 24% since the start of the year and is trading at € 12.87, down from the 52-week high, outperforming the one which has been up 11.5% since the beginning of the year.
Crédit Agricole tracks other major financial sector earnings this month
The Crédit Agricole report follows a result beaten by BNP Paribas on April 30, which published EPS of € 1.12 on turnover of € 11.83 million, against EPS forecasts of € 0.991 on a turnover of € 11.23 million.
Societe Generale had exceeded expectations on Thursday with a first quarter EPS of € 0.83 on a turnover of € 6.25 billion, against an EPS forecast of € 0.1574 on a turnover of 5, € 92 billion.
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