Investing.com - Horizon Finance reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Horizon Finance announced earnings per share of $0.23 on revenue of $18.11M. Analysts polled by Investing.com anticipated EPS of $0.35 on revenue of $19.53M.
Horizon Finance shares are down 27.14% from the beginning of the year, still down 31.13% from its 52 week high of $19.08 set on November 15, 2021.
Horizon Finance follows other major Financial sector earnings this month
Horizon Finance's report follows an earnings missed by Berkshire Hathaway A on Saturday, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
JPMorgan had beat expectations on October 14 with third quarter EPS of $3.12 on revenue of $32.7B, compared to forecast for EPS of $2.92 on revenue of $32.13B.
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