Fed’s Powell opens door to potential rate cuts at Jackson Hole
Investing.com - Bakkt Holdings reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Bakkt Holdings announced earnings per share of $-6.11 on revenue of $12.9M. Analysts polled by Investing.com EPS of $-0.13 on revenue of $14.6M.
Bakkt Holdings 's are down 24% and is trading at $1.81 , still down 93.42% from its 52 week high of $28.40 set on Wednesday, November 10, 2021.
Bakkt Holdings shares lost 3.21% to trade at $1.81 in pre-market trade the report.
Bakkt Holdings follows other major Financial sector earnings this month
Bakkt Holdings's report follows an earnings missed by Berkshire Hathaway A on Saturday, who reported EPS of $-1,832 on revenue of $76.9B, 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, for EPS of $2.92 on revenue of $32.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar