MetroCity earnings miss, Revenue beats in Q3

  • Investing.com
MetroCity earnings miss, Revenue beats in Q3

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

MetroCity announced earnings per share of $0.66 on revenue of $43.40. Analysts polled by Investing.com anticipated EPS of $0.67 on revenue of $36.8M.

MetroCity shares are down 24.32% from the beginning of the year and are trading at $22.13 , down-from-52-week-high.

MetroCity follows other major Financial sector earnings this month

MetroCity'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 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.78 on revenue of $23.56B.

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

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