France Telecom Falls Short Of Expectations, Banco Santander Excels In Net Interest Income And Sanofi-Aventis Net Income Jumps 10%

France Telecom S.A (NYSE: FTE) said that its earnings before interest, taxes, depreciation and amortization (Ebitda) for the first quarter fell to €3.76 billion ($4.97 billion), from €3.96 billion in the same period a year ago. FTE’s revenues dropped to €10.96 billion from €11.19 billion. Analysts polled by Dow Jones Newswires were expecting Ebitda of €3.86 billion and revenues of €11 billion. FTE falls 0.44% in after hours trading.

Banco Santander (NYSE: STD) said that its first-quarter net income attributable to shareholders rose 5.7% to €2.22 billion ($2.93 billion), as compared to the net income of €2.1 billion in the year-ago period. STD’s net interest income for the quarter came at €7.1 billion, as against €6.04 billion in the same period a year ago. While the bank’s net income was in-line with the consensus expectations, net interest income exceeded. The company’s March loan-loss coverage ratio was 74%, falling sequentially. STD is up 2.00% in pre-market trading.

French healthcare group Sanofi-Aventis (NYSE: SNY) reported its Q1 net income attributable to shareholders at €1.74 billion ($2.3 billion), reflecting a 10% gain from $1.58 billion in the year-ago period. On a per share basis, the company earned €1.31. SNY’s revenues for the quarter totaled €7.39 billion, as compared to €7.1 billion in the same period a year ago. The revenues improved despite generic competition for Eloxatin in the US and Plavix in Europe. SNY slips by 0.29%.

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