Investing.com - OFS Credit reported on Friday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
OFS Credit announced earnings per share of $0.54 on revenue of $6.05M. Analysts polled by Investing.com anticipated EPS of $-0.57 on revenue of $6.05M.
OFS Credit shares are down 20.63% from the beginning of the year , still down 25.28% from its 52 week high of $14.16 set on Thursday, September 9, 2021. They are under-performing the EUR/USD which is down 0% year to date.
OFS Credit shares gained 2.91% in intra-day trade the report.
OFS Credit follows other major Financial sector earnings this month
OFS Credit's report follows an earnings missed by China Construction Bank Corp on Monday, August 29, 2022, who reported EPS of $0.8407 on revenue of $27.56B, compared to forecasts EPS of $0.8413 on revenue of $27.58B.
RBC had missed expectations on Wednesday, August 24, 2022 with third quarter EPS of $2.55 on revenue of $11.43B, compared to forecast for EPS of $2.66 on revenue of $11.77B.
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