Investors Ride 5 Earnings Rollercoaster Rides

Bank of America Corporation (NYSE:BAC) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share increased 566.67% to $0.2 in the quarter versus EPS of $0.03 in the year-earlier quarter. Revenue Decreased 11.97% to $23.71 billion from the year-earlier quarter.

Bank of America Corporation reported adjusted EPS income of $0.2 per share. By that measure, the company missed the mean analyst estimate of $0.22. It beat the average revenue estimate of $23.49 billion.

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BAC

RLI Corp. (NYSE:RLI) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share increased 8.33% to $1.04 in the quarter versus EPS of $0.96 in the year-earlier quarter. Revenue Decreased 2.01% to $160.7 million from the year-earlier quarter.

RLI Corp. reported adjusted EPS income of $1.04 per share. By that measure, the company missed the mean analyst estimate of $1.05. It beat the average revenue estimate of $151.59 million.

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RLI

Platinum Underwriters Holdings Ltd. (NYSE:PTP) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 182.8% to $2.63 in the quarter versus EPS of $0.93 in the year-earlier quarter. Revenue Decreased 15.12% to $159.2 million from the year-earlier quarter.

Platinum Underwriters Holdings Ltd. reported adjusted EPS income of $2.63 per share. By that measure, the company beat the mean analyst estimate of $1.38. It beat the average revenue estimate of $159.07 million.

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PTP

LaSalle Hotel Properties (NYSE:LHO) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 28.57% to $0.27 in the quarter versus EPS of $0.21 in the year-earlier quarter. Revenue Rose 11.24% to $191.7 million from the year-earlier quarter.

LaSalle Hotel Properties reported adjusted EPS income of $0.27 per share. By that measure, the company beat the mean analyst estimate of $0.25. It beat the average revenue estimate of $188.64 million.

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LHO

Greenhill & Co., Inc. (NYSE:GHL) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 15.09% to $0.45 in the quarter versus EPS of $0.53 in the year-earlier quarter. Revenue Decreased 3.44% to $79.5 million from the year-earlier quarter.

Greenhill & Co., Inc. reported adjusted EPS income of $0.45 per share. By that measure, the company missed the mean analyst estimate of $0.68. It missed the average revenue estimate of $102.1 million.

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GHL

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