Bank investors brace for earning season
26/10/2009
Investors in bank shares are likely to suffer falls in earnings per share (EPS) of 15 to 20 per cent when the banks start unveiling their latest annual results this week.
Westpac is likely to reveal the greatest fall in EPS according to analysts at Deutsche Bank, down 20 per cent to $1.58 per share.
NAB is likely to announce earnings of $2 per share, with ANZ likely to announce earnings of $1.54 per share.
Source: The Age
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