Investing.com - LM Funding America reported on Friday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
LM Funding America announced earnings per share of $-0.510 on revenue of $187.78K. Analysts polled by Investing.com anticipated EPS of $-0.280 on revenue of $2.3M.
LM Funding America shares are down 84% from the beginning of the year, still down 88.45% from its 52 week high of $6.58 set on December 8, 2021.
LM Funding America shares lost 1.18% in intra-day trade following the report.
LM Funding America follows other major Financial sector earnings this month
LM Funding America's report follows an earnings missed by Berkshire Hathaway A on November 5, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
American Express had beat expectations on October 21 with third quarter EPS of $2.47 on revenue of $13.56B, compared to forecast for EPS of $2.4 on revenue of $13.51B.
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