Investing.com - AFC Gamma reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
AFC Gamma announced earnings per share of $0.65 on revenue of $19.56M. Analysts polled by Investing.com anticipated EPS of $0.66 on revenue of $19.32M.
AFC Gamma shares are down 41.36% from the beginning of the year and are trading at $16.48 , down-from-52-week-high.
AFC Gamma shares lost 3.06% in intra-day trade after the report.
AFC Gamma follows other major Financial sector earnings this month
AFC Gamma'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 Friday, October 14, 2022 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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