Investing.com - Arlington Asset Investment reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Arlington Asset Investment announced earnings per share of $0.110 on revenue of $12.39M. Analysts polled by Investing.com anticipated EPS of $0.050 on revenue of $4.76M.
Arlington Asset Investment shares are down 30% from the beginning of the year , still down 93.86% from its 52 week high of $51.65 set on Monday, November 15, 2021.
Arlington Asset Investment follows other major Financial sector earnings this month
Arlington Asset Investment's report follows an earnings missed by Berkshire Hathaway A on Saturday, November 5, 2022, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7769 on revenue of $23.54B.
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