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Grupo Financiero Galicia ADR Earnings, Revenue Beat in Q2

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Investing.com - Grupo Financiero Galicia ADR reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Grupo Financiero Galicia ADR announced earnings per share of 1.1 on revenue of 564.13M. Analysts polled by Investing.com anticipated EPS of 1.04 on revenue of 495.26M.

Grupo Financiero Galicia ADR shares are up 9% from the beginning of the year , still down 70.68% from its 52 week high of 39.22 set on July 10, 2019. They are under-performing the S&P (NYSE:SPY) Merval which is up 17.3% year to date.

Grupo Financiero Galicia ADR follows other major Financial sector earnings this month

Grupo Financiero Galicia ADR's report follows an earnings missed by RBC on May 27, who reported EPS of 0.72 on revenue of 7.48B, compared to forecasts EPS of 1.22 on revenue of 8.21B.

Mitsubishi UFJ Financial ADR had matched expectations on May 15 with fourth quarter EPS of -0.05 on revenue of 8.45B, compared to forecast for EPS of -0.05 on revenue of 8.58B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar