Investing.com – Bright Health Group reported on Wednesday third quarter that missed analysts’ forecasts and revenue that fell short of expectations.

Bright Health Group announced earnings per share of $-0.50 on revenue of $1.63B. Analysts polled by Investing.com anticipated EPS of $-0.35 on revenue of $1.77B.

Bright Health Group shares are down 16.73% from the beginning of the year and are trading at $0.92 , down-from-52-week-high.

Bright Health Group shares gained 1.10% in pre-market trade the report.

Bright Health Group follows other major Financial sector earnings this month

Bright Health Group’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 Friday, October 14, 2022 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.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar