Investing.com - Katapult reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Katapult announced earnings per share of $-0.08 on revenue of $50.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $-0.09 on revenue of $58.93M.
Katapult shares are down 16.73% from the beginning of the year and are trading at $0.98 , down-from-52-week-high.
Katapult shares gained 3.16% in pre-market trade the report.
Katapult follows other major Financial sector earnings this month
Katapult's report follows an earnings missed by Berkshire Hathaway A on Saturday, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
JPMorgan had beat expectations on October 14 with third quarter EPS of $3.12 on revenue of $32.72B, compared to forecast for EPS of $2.92 on revenue of $32.13B.
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