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Investing.com - Universal Insurance reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Universal Insurance announced earnings per share of $-2.36 on revenue of $310.6M. Analysts polled by Investing.com EPS of $-0.22 on revenue of $476.28M.
Universal Insurance 's are down 57% and is trading at $9.73 , still down 50.46% from its 52 week high of $19.64 set on Thursday, January 13, 2022.
Universal Insurance follows other major Financial sector earnings this month
Universal Insurance'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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar