Investing.com - Piper Jaffray reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Piper Jaffray announced earnings per share of $2.38 on revenue of $303.7M. Analysts polled by Investing.com anticipated EPS of $1.29 on revenue of $246.56M.
Piper Jaffray shares are up 5.51% from the beginning of the year and are trading at $83.60 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Piper Jaffray shares gained 0.14% in pre-market trade the report.
Piper Jaffray follows other major Financial sector earnings this month
Piper Jaffray's report follows an earnings beat by JPMorgan on October 13, who reported EPS of $2.92 on revenue of $29.94B, compared to forecasts EPS of $2.23 on revenue of $28.22B.
Mastercard had missed expectations on Wednesday with third quarter EPS of $1.6 on revenue of $3.84B, compared to forecast for EPS of $1.66 on revenue of $3.96B.
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