BME reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BME announced earnings per share of €0.41 on revenue of €82.26M. Analysts polled by anticipated EPS of €0.37 on revenue of €73.03M. That with comparison to EPS of €0.38 on revenue of €71.5M in the same period a year before. BME had reported EPS of €0.35 on revenue of €72.8M in the previous quarter. Analysts are expecting EPS of €0.41 and revenue of €78.58M in the upcoming quarter.
BME shares are down 3% from the beginning of the year , still down 7.47% from its 52 week high of €36.00 set on November 27, 2019. They are outperforming the STOXX 600 which is down 16.66% year to date.
BME follows other major Financial sector earnings this month
BME's report follows an earnings missed by Santander on Tuesday, who reported EPS of €0.02 on revenue of €11.81B, compared to forecasts EPS of €0.06 on revenue of €11.85B.
Bankinter had beat expectations on April 23 with first quarter EPS of €0.14 on revenue of €436M, compared to forecast for EPS of €0.11 on revenue of €531.81M.
Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar
