Investing.com - Orchid Isla reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Orchid Isla announced earnings per share of $-2.400 on revenue of $14.250. Analysts polled by Investing.com anticipated EPS of $0.550 on revenue of $40.26M.
Orchid Isla shares are down 18% from the beginning of the year, still down 60.08% from its 52 week high of $25.20 set on October 27, 2021.
Orchid Isla shares lost 0.10% in after-hours trade following the report.
Orchid Isla follows other major Financial sector earnings this month
Orchid Isla's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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