Credit Suisse Group Earnings: Here’s Why Shares are Down Now

Credit Suisse Group (NYSE:CS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 1.43%.

Credit Suisse Group Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 23.53% to $0.52 in the quarter versus EPS of $0.68 in the year-earlier quarter.

Revenue: Decreased 43.12% to $7.03 billion from the year-earlier quarter.

Key Stats (on next page)…