Investing.com - Midwest Holding reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Midwest Holding announced earnings per share of $1.96 on revenue of $19M. Analysts polled by Investing.com anticipated EPS of $0.41 on revenue of $11.6M.
Midwest Holding shares are down 63% from the beginning of the year, still down 55.12% from its 52 week high of $32.31 set on November 15, 2021.
Midwest Holding follows other major Financial sector earnings this month
Midwest Holding'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.
Bank of America had beat expectations on October 17 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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