Investing.com – Company Republic Bancorp (NASDAQ: ) reported Q3 beating analysts’ estimates with higher-than-expected earnings, according to data released Friday
Republic Bancorp’s earnings per share (EPS) were $1.10 on revenue of $78.5M. The analyst consensus compiled by Investing.com previously thought $0.95 per share based on revenue of $77.05M.
Shares of Republic Bancorp added 1.65% to $45.08 intraday after the news of the earnings report.
Besides Republic Bancorp, there are other companies. The financial sector of the NASDAQ stock market reported operating results this month
JPMorgan previously estimated Q3 earnings at $4.33 per share on revenue of $40.7B, and $3.89 on revenue of $39.55B.
Meanwhile, Bank of America’s recent performance beat analysts’ forecasts. Q3 earnings beat analyst estimates for 2020 by $0.9 per share on revenue of $25.2B. Investing.com expects earnings per share to be around $0.83 based on revenue of $25.13B.
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