Investing.com - Eagle Point Cred reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Eagle Point Cred announced earnings per share of $0.47 on revenue of $30.2M. Analysts polled by Investing.com anticipated EPS of $0.41 on revenue of $30.05M.
Eagle Point Cred shares are down 14.97% from the beginning of the year and are trading at $11.65 , down-from-52-week-high.
Eagle Point Cred shares gained 1.39% in intra-day trade the report.
Eagle Point Cred follows other major Financial sector earnings this month
Eagle Point Cred's report follows an earnings missed by Berkshire Hathaway A on Saturday, November 5, 2022, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7769 on revenue of $23.54B.
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