Storebrand Earnings miss, Revenue beats In Q3 By Investing.com

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Storebrand Earnings miss, Revenue beats In Q3

Oct 27, 2022 05:50

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Investing.com - Storebrand reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Storebrand announced earnings per share of kr0.82 on revenue of kr12.93. Analysts polled by Investing.com anticipated EPS of kr1.21 on revenue of kr3.42B.

Storebrand shares are down 33% from the beginning of the year and are trading at kr77.60 , down-from-52-week-high.

Storebrand follows other major Financial sector earnings this month

Storebrand's report follows an earnings beat by DnB on Thursday, October 20, 2022, who reported EPS of kr4.75 on revenue of kr26.32B, compared to forecasts EPS of kr4.71 on revenue of kr16.52B.

Gjensidige Forsikring had missed expectations on Friday, October 21, 2022 with third quarter EPS of kr2.21 on revenue of kr8.59B, compared to forecast for EPS of kr2.64 on revenue of kr8.04B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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