Investing.com - Piper Sandler reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Piper Sandler announced earnings per share of $2.32 on revenue of $335.40. Analysts polled by Investing.com anticipated EPS of $2.10 on revenue of $325.74M.
Piper Sandler shares are down 28.89% from the beginning of the year, still down 33.38% from its 52 week high of $183.80 set on November 19, 2021.
Piper Sandler follows other major Financial sector earnings this month
Piper Sandler's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
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 $0.7816 on revenue of $23.56B.
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