Investing.com - MSP Recovery reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
MSP Recovery announced earnings per share of $-0.198 on revenue of $8.32M. Analysts polled by Investing.com anticipated EPS of $0.540 on revenue of $265.46M.
MSP Recovery shares are down 48.09% from the beginning of the year , still down 89.91% from its 52 week high of $11.70 set on Wednesday, May 18, 2022.
MSP Recovery follows other major Healthcare sector earnings this month
MSP Recovery's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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