Investing.com - Trean Insurance reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Trean Insurance announced earnings per share of $0.15 on revenue of $73.52M. Analysts polled by Investing.com anticipated EPS of $0.10 on revenue of $181.18M.
Trean Insurance shares are down 58% from the beginning of the year and are trading at $2.88 , down-from-52-week-high.
Trean Insurance follows other major Financial sector earnings this month
Trean Insurance's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, 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 Monday, October 17, 2022 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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar