Investing.com - International General Insurance reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
International General Insurance announced earnings per share of $0.380 on revenue of $120.6M. Analysts polled by Investing.com anticipated EPS of $0.300 on revenue of $126.8M.
International General Insurance shares are down 28.35% from the beginning of the year, still down 11.68% from its 52 week high of $8.73 set on November 16, 2021.
International General Insurance follows other major Financial sector earnings this month
International General Insurance'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.
JPMorgan had beat expectations on October 14 with third quarter EPS of $3.12 on revenue of $32.72B, compared to forecast for EPS of $2.92 on revenue of $32.13B.
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