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Umpquas Earnings inline, Revenue Misses In Q3

Published 19/10/2022, 22:42
Updated 19/10/2022, 22:42
Umpquas Earnings inline, Revenue Misses In Q3
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Investing.com - Umpquas reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.

Umpquas announced earnings per share of $0.39 on revenue of $317.00. Analysts polled by Investing.com EPS of $0.39 on revenue of $409.59M.

Umpquas 's are down 22% and is trading at $18.48 , still down 20.22% from its 52 week high of $22.06 set on Wednesday, February 16, 2022.

Umpquas shares gained 5.00% to trade at $18.48 in after-hours trade the report.

Umpquas follows other major Financial sector earnings this month

Umpquas'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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