Intel stock spikes after report of possible US government stake
Investing.com - Reinsurance of America reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Reinsurance of America announced earnings per share of $5.20 on revenue of $3.25B. Analysts polled by Investing.com EPS of $3.23 on revenue of $4B.
Reinsurance of America 's are down 12% and is trading at $139.04 , still down 6.53% from its 52 week high of $148.75 set on Friday, October 28, 2022.
Reinsurance of America follows other major Financial sector earnings this month
Reinsurance of America'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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