Bank of America just raised its EUR/USD forecast
Investing.com - Mercantile reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Mercantile announced earnings per share of $1.01 on revenue of $49.60. Analysts polled by Investing.com EPS of $0.98 on revenue of $47.7M.
Mercantile 's are down 6% and is trading at $32.71 , still down 18.25% from its 52 week high of $40.01 set on Wednesday, January 19, 2022.
Mercantile follows other major Financial sector earnings this month
Mercantile'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.
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