Investing.com - Financial Markets Worldwide

First Internet Earnings, Revenue Miss in Q3

Published 19/10/2022, 22:38
Updated 19/10/2022, 22:38
First Internet Earnings, Revenue Miss in Q3
INBK
-1.41%

Investing.com - First Internet reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

First Internet announced earnings per share of $0.90 on revenue of $28.30. Analysts polled by Investing.com EPS of $1.13 on revenue of $32.87M.

First Internet 's are down 22% and is trading at $30.82 , still down 42.46% from its 52 week high of $53.56 set on Thursday, January 20, 2022.

First Internet follows other major Financial sector earnings this month

First Internet's report follows an earnings beat by JPMorgan on Friday, 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 with third quarter EPS of $0.81 on revenue of $24.5B, 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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