Investing.com - Natixis reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Natixis announced earnings per share of €0.07 on revenue of €1.97B. Analysts polled by Investing.com anticipated EPS of €0.0647 on revenue of €2B.
Natixis shares are up 42% from the beginning of the year and are trading at €3.98 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 3.06% from the start of the year.
Natixis follows other major Financial sector earnings this month
Natixis's report follows an earnings beat by BNP Paribas on Friday, who reported EPS of €1.06 on revenue of €10.83B, compared to forecasts EPS of €0.9155 on revenue of €10.83B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar