Bridge Investment Group Holdings Inc expected to post earnings of 18 cents a share - Earnings Preview

Bridge Investment group

03/08/2024 03:11

* Bridge Investment Group Holdings Inc  BRDG.N   BRDG.K  is
expected to show a fall in quarterly revenue when it reports 
results on August 6 for the period ending June 30 2024
    * The Salt Lake City Utah-based  company is expected to
report a
11.0% decrease in revenue to $87.95 million from $98.8 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Bridge Investment Group
Holdings Inc is for earnings of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bridge
Investment
Group Holdings Inc is $10.00​, above​ its last closing price
of $7.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.16        0.16       0.17      Beat    4.6
 Dec. 31 2024  0.19        0.19       0.14      Missed  -26.3
 Sep. 30 2023  0.21        0.21       0.22      Beat    4.8​
 Jun. 30 2023  0.20        0.20       0.20      Met     2
 ​​Mar.        0.20        0.20       0.19      Missed  -4.5
 31 2023                                                
 Dec. 31 2022  0.21        0.21       -0.04     Missed  -119.1
                                                        ​
 Sep. 30 2022  0.23        0.23       0.17      Missed  -25.4
 Jun. 30 2022  0.20        0.20       0.44      Beat    117.3
 This summary was machine generated August 3 at 02:11 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)