Investing.com - Piper Jaffray reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Piper Jaffray announced earnings per share of $4.55 on revenue of $445.6M. Analysts polled by Investing.com anticipated EPS of $3.65 on revenue of $403.75M.
Piper Jaffray shares are up 57.36% from the beginning of the year, still down 7.25% from its 52 week high of $168.35 set on October 26. They are outperforming the EUR/USD which is down 0% from the start of the year.
Piper Jaffray follows other major Financial sector earnings this month
Piper Jaffray's report follows an earnings beat by JPMorgan on October 13, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.79B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.42 on revenue of $71.38B.
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