Investing.com - First American reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
First American announced earnings per share of $1.62 on revenue of $1.82. Analysts polled by Investing.com EPS of $1.63 on revenue of $2.06B.
First American 's are down 4% and is trading at $46.54 , still down 42.92% from its 52 week high of $81.54 set on Thursday, January 13, 2022.
First American follows other major Financial sector earnings this month
First American'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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