Investing.com - Piper Jaffray reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Piper Jaffray announced earnings per share of $7.84 on revenue of $633.7M. Analysts polled by Investing.com anticipated EPS of $5.18 on revenue of $491.03M.
Piper Jaffray shares are down 13.53% from the beginning of the year, still down 20.27% from its 52 week high of $193.60 set on November 19, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Piper Jaffray shares gained 11.44% in pre-market trade following the report.
Piper Jaffray follows other major Financial sector earnings this month
Piper Jaffray's report follows an earnings beat by JPMorgan on January 14, who reported EPS of $3.33 on revenue of $29.26B, compared to forecasts EPS of $3.01 on revenue of $29.78B.
Bank of America had beat expectations on January 19 with fourth quarter EPS of $0.82 on revenue of $22.06B, compared to forecast for EPS of $0.7652 on revenue of $22.18B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar