Investing.com - Orrstown reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Orrstown announced earnings per share of $0.52 on revenue of $33.48. Analysts polled by Investing.com EPS of $0.79 on revenue of $31.4M.
Orrstown 's are down 2% and is trading at $24.86 , still down 9.17% from its 52 week high of $27.37 set on Thursday, August 18, 2022.
Orrstown follows other major Financial sector earnings this month
Orrstown'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 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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