trending Market Intelligence /marketintelligence/en/news-insights/trending/hWd6YFF4IJuo6PQ44_-1RA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

57% of US financial services firms top earnings estimates in week ended Aug. 2

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor


57% of US financial services firms top earnings estimates in week ended Aug. 2

Among the 28 financial services companies that reported second-quarter earnings between July 29 and Aug. 2, 16 companies beat analysts' earnings expectations, five met expectations and seven reported earnings below estimates.

Moelis & Co. surpassed earnings estimates by 33.3%, after posting normalized EPS of 56 cents compared to a mean estimate of 42 cents. It was followed by Waddell & Reed Financial Inc., which topped the mean EPS estimate by 21.6%, reporting earnings of 45 cents, against analysts' estimates of 37 cents.

Ares Management Corp. and KKR Real Estate Finance Trust reported the greatest misses, falling short of consensus by 13.5% and 12.2%, respectively.

In the fintech and payments sectors, Thomson Reuters Corp. and Square Inc. had the largest consensus beats, besting estimates by 70.6% and 31.3%, respectively.

SNL Image