Investing.com – Arch Capital Company (NASDAQ: ) Q3 Report Beats Analyst Estimates with higher-than-expected earnings, according to reports on Monday
Arch Capital’s earnings per share (EPS) came in at $2.31 on revenue of $3.36B, compared to the analyst consensus that Investing.com had expected for the upcoming release of $1.59 per share on revenue of $3.25B.
Arch Capital shares added 1.13% to $83.82 in after-hours trading. After the news of earnings report
Apart from Arch Capital, there are other companies too. Markets report this month’s earnings in the financial sector of the NASDAQ Stock Exchange
JPMorgan previously estimated Q3 earnings at $4.33 per share on revenue of $40.7B, and $3.89 on revenue of $39.55B.
Meanwhile, Industrial Commercial Bank of China’s recent performance missed analysts’ forecasts. Q3 earnings were $0.6559 per share on revenue of $26.59B, beating analyst estimates for 2020. Investing.com expects EPS to be around $0.885 based on revenue of $27.69B.
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