Investing.com - Regional Management (NYSE:RM) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Regional Management announced earnings per share of $1.06 on revenue of $131.45M. Analysts polled by Investing.com anticipated EPS of $0.90 on revenue of $128.85M.
Regional Management shares are down 58% from the beginning of the year, still down 48.95% from its 52 week high of $67.60 set on November 22, 2021.
Regional Management shares gained 1.16% in after-hours trade following the report.
Regional Management follows other major Financial sector earnings this month
Regional Management'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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