Investing.com - Piper Sandler reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Piper Sandler announced earnings per share of $1.26 on revenue of $352.2M. Analysts polled by Investing.com anticipated EPS of $2.56 on revenue of $330.37M.
Piper Sandler shares are down 29.39% from the beginning of the year, still down 37.20% 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 Sandler follows other major Financial sector earnings this month
Piper Sandler's report follows an earnings beat by Berkshire Hathaway A on July 19, who reported EPS of $4774.01 on revenue of $70.81B, compared to forecasts EPS of $4277.66 on revenue of $70.32B.
JPMorgan had missed expectations on July 14 with second quarter EPS of $2.76 on revenue of $30.72B, compared to forecast for EPS of $2.89 on revenue of $31.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar