Investing.com - Starwood Property (NYSE:STWD) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Starwood Property announced earnings per share of $0.51 on revenue of $390.5M. Analysts polled by Investing.com anticipated EPS of $0.52 on revenue of $310.27M.
Starwood Property shares are down 16.73% from the beginning of the year, still down 22.18% from its 52 week high of $26.35 set on November 10, 2021.
Starwood Property shares gained 0.83% in pre-market trade following the report.
Starwood Property follows other major Financial sector earnings this month
Starwood Property'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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