Investing.com - Hallmark reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Hallmark announced earnings per share of $-1.130 on revenue of $36.62M. Analysts polled by Investing.com anticipated EPS of $-0.150 on revenue of $91.65M.
Hallmark shares are down 20% from the beginning of the year and are trading at $1.000 , down-from-52-week-high.
Hallmark follows other major Financial sector earnings this month
Hallmark'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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