Aegon (NYSE:AEG) reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Aegon announced earnings per share of €-0.21 on revenue of €9.29B. Analysts polled by anticipated EPS of €0.15 on revenue of €9.14B. That with comparison to EPS of €0.16 on revenue of €9.8B in the same period a year before. Aegon had reported EPS of €0.22 on revenue of €4B in the previous quarter. Analysts are expecting EPS of €0.15 and revenue of €9.14B in the upcoming quarter.
Aegon shares are down 43% from the beginning of the year , still down 50.42% from its 52 week high of €4.66 set on July 25, 2019. They are under-performing the S&P Global (NYSE:SPGI) 100 which is down 8.26% year to date.
Aegon shares gained 5.57% in intra-day trade following the report.
Aegon follows other major Financial sector earnings this month
Aegon's report follows an earnings matched by ING Groep on Friday, who reported EPS of €0.17 on revenue of €4.51B, compared to forecasts EPS of €0.17 on revenue of €4.17B.
Flow Traders NV had beat expectations on April 21 with first quarter EPS of €5.71 on revenue of €196.39M, compared to forecast for EPS of €2.2 on revenue of €196.39M.
Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar
