Diamond Member Pelican Press 0 Posted August 1, 2024 Diamond Member Share Posted August 1, 2024 This is the hidden content, please Sign In or Sign Up Barclays earnings result Q2 2024 One Churchill Place skyscraper, the Barclays Plc headquarters, at Canary Wharf in London, U.K., on Thursday, Jan. 7, 2021. Bloomberg | Bloomberg | Getty Images LONDON — Barclays on Thursday reported second-quarter net profit attributable to shareholders of £1.2 billion ($1.54 billion), slightly lower than a year ago. Analysts polled by Reuters had expected attributable net profit of £1.03 billion for the quarter, according to LSEG data. Revenue came in at £6.3 billion in the second quarter, against a forecast of £6.25 billion. The British lender this year kicked off a major restructure aiming to improve efficiencies and boost profits, driving its share price 52% higher in the year to date. Launching that program resulted in a net loss of £111 million in the fourth quarter of 2023, but the bank returned to profit in the first quarter despite a decline in year-on-year revenue. This is a breaking news story and will be updated shortly. This is the hidden content, please Sign In or Sign Up #Barclays #earnings #result This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/84178-barclays-earnings-result-q2-2024/ Share on other sites More sharing options...
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