Investing.com - ProAssurance (NYSE:PRA) reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
ProAssurance announced earnings per share of $-0.06 on revenue of $273.1M. Analysts polled by Investing.com anticipated EPS of $0.20 on revenue of $264.05M.
ProAssurance shares are down 35% from the beginning of the year, still down 18.66% from its 52 week high of $27.55 set on April 1.
ProAssurance follows other major Financial sector earnings this month
ProAssurance's report follows an earnings missed by Berkshire Hathaway A on Saturday, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
JPMorgan had beat expectations on October 14 with third quarter EPS of $3.12 on revenue of $32.72B, compared to forecast for EPS of $2.92 on revenue of $32.13B.
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