Investing.com - Malvern reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Malvern announced earnings per share of $0.34 on revenue of $8.47M. Analysts polled by Investing.com anticipated EPS of $0.28 on revenue of $7.92M.
Malvern shares are down 6% from the beginning of the year , still down 14.11% from its 52 week high of $17.08 set on Tuesday, March 29, 2022.
Malvern shares gained 2.55% in intra-day trade the report.
Malvern follows other major Financial sector earnings this month
Malvern's report follows an earnings beat by Berkshire Hathaway A on Saturday, November 5, 2022, who reported EPS of $5290.31 on revenue of $76.93B, compared to forecasts EPS of $4205.82 on revenue of $77.68B.
RBC had beat expectations on Wednesday with fourth quarter EPS of $2.74 on revenue of $12.57B, compared to forecast for EPS of $2.72 on revenue of $12.27B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar