Investing.com - OFS Credit reported on Friday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
OFS Credit announced earnings per share of $0.54 on revenue of $6.05M. Analysts polled by Investing.com anticipated EPS of $-0.57 on revenue of $6.05M.
OFS Credit shares are down 20.63% from the beginning of the year, still down 25.28% from its 52 week high of $14.16 set on September 9, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
OFS Credit shares gained 2.91% in intra-day trade following the report.
OFS Credit follows other major Financial sector earnings this month
OFS Credit's report follows an earnings missed by China Construction Bank Corp on August 29, who reported EPS of $0.8407 on revenue of $27.56B, compared to forecasts EPS of $0.8413 on revenue of $27.58B.
RBC had missed expectations on August 24 with third quarter EPS of $2.55 on revenue of $11.43B, compared to forecast for EPS of $2.66 on revenue of $11.77B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar