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Investing.com - Global Indemnity reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Global Indemnity announced earnings per share of $1.60 on revenue of $175.8M. Analysts polled by Investing.com EPS of $0.97 on revenue of $188M.
Global Indemnity 's are down 35% and is trading at $24.91 , still down 9.93% from its 52 week high of $27.66 set on Wednesday, January 12, 2022.
Global Indemnity shares gained 9.25% to trade at $24.91 in intra-day trade the report.
Global Indemnity follows other major Financial sector earnings this month
Global Indemnity'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.
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