Investing.com - Firstrand reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Firstrand announced earnings per share of R3.02 on revenue of R84.60B. Analysts polled by Investing.com anticipated EPS of R285.00 on revenue of R59,775M.
Firstrand shares are up 6% from the beginning of the year, still down 18.05% from its 52 week high of R7,934.00 set on March 29.
Firstrand follows other major Financial sector earnings this month
Firstrand's report follows an earnings missed by Standard Bank Grp on August 19, who reported EPS of R9.55 on revenue of R78.29B, compared to forecasts EPS of R896.00 on revenue of R71,452M.
Nedbank Group had beat expectations on August 26 with second quarter EPS of R13.76 on revenue of R51.67B, compared to forecast for EPS of R1,420 on revenue of R30,099M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar