Investing.com - ICICI Prudential Life Insurance reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
ICICI Prudential Life Insurance announced earnings per share of ₹1.39 on revenue of ₹95.85. Analysts polled by Investing.com EPS of ₹2.80 on revenue of ₹105B.
ICICI Prudential Life Insurance 's are down 16% and is trading at ₹508.05 , still down 25.55% from its 52 week high of ₹682.45 set on Tuesday, October 19, 2021.
ICICI Prudential Life Insurance shares lost 0.32% to trade at ₹508.05 in intra-day trade the report.
ICICI Prudential Life Insurance follows other major Financial sector earnings this month
ICICI Prudential Life Insurance's report follows an earnings missed by Muthoot Finance on Friday, August 12, 2022, who reported EPS of ₹20.4 on revenue of ₹25.09B, EPS of ₹26.3 on revenue of ₹21.7B.
Federal Bank had beat expectations on Friday with second quarter EPS of ₹3.45 on revenue of ₹48.87B, for EPS of ₹2.75 on revenue of ₹21.64B.
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