Investing.com - Kingstone reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Kingstone announced earnings per share of $-0.350 on revenue of $54.59M. Analysts polled by Investing.com anticipated EPS of $-0.020 on revenue of $51.8M.
Kingstone shares are down 20% from the beginning of the year , still down 72.14% from its 52 week high of $5.94 set on Friday, January 28, 2022.
Kingstone follows other major Financial sector earnings this month
Kingstone'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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