eToro Group Ltd. (ETOR) revealed earnings for second quarter that Decreased from the same period last year but beat the Street estimates.
The company's earnings came in at $30.185 million, or $0.31 per share. This compares with $30.587 million, or $0.35 per share, last year.
Excluding items, eToro Group Ltd. reported adjusted earnings of $54.205 million or $0.56 per share for the period.
Analysts on average had expected the company to earn $0.51 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 13.3% to $2.094 billion from $1.848 billion last year.
eToro Group Ltd. earnings at a glance (GAAP) :
-Earnings: $30.185 Mln. vs. $30.587 Mln. last year.-EPS: $0.31 vs. $0.35 last year.-Revenue: $2.094 Bln vs. $1.848 Bln last year.
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