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Investing.com - AssetMark reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
AssetMark announced earnings per share of $0.41 on revenue of $154.7M. Analysts polled by Investing.com EPS of $0.42 on revenue of $111.58M.
AssetMark 's are down 58% and is trading at $23.77 , still down 19.53% from its 52 week high of $29.54 set on Wednesday, November 10, 2021.
AssetMark follows other major Financial sector earnings this month
AssetMark's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, 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, for EPS of $0.7816 on revenue of $23.56B.
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