Investing.com - Piper Jaffray reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Piper Jaffray announced earnings per share of $1.48 on revenue of $236.2M. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $233.7M. That with comparison to EPS of $1.57 on revenue of $191.42M in the same period a year before.Piper Jaffray had reported EPS of $2.89 on revenue of $276.38M in the previous quarter.Analysts are expecting EPS of $1.12 and revenue of $229.67M in the upcoming quarter.
Piper Jaffray shares are down 31.86% from the beginning of the year and are trading at $53.91 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.
Piper Jaffray follows other major Financial sector earnings this month
Piper Jaffray's report follows an earnings missed by JPMorgan on Tuesday, April 14, 2020, who reported EPS of $0.78 on revenue of $29.07B, compared to forecasts EPS of $1.87 on revenue of $29.54B.
UnitedHealth had beat expectations on Wednesday, April 15, 2020 with first quarter EPS of $3.72 on revenue of $64.42B, compared to forecast for EPS of $3.63 on revenue of $64.16B.
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