Bridge Investment Group Holdings Inc expected to post earnings of 19 cents a share - Earnings Preview

Bridge Investment group

20/02/2024 24:56

* Bridge Investment Group Holdings Inc  BRDG.N   BRDG.K  is
expected to show a fall in quarterly revenue when it reports 
results on February 21 for the period ending December 31 2023
    * The Salt Lake City Utah-based  company is expected to
report a
5.9% decrease in revenue to $89.835 million from $95.47 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. (SAL majority is Total Revenue)
    * ​LSEG's mean analyst estimate for Bridge Investment Group
Holdings Inc is for earnings of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $12.00​, above​ its last closing price
of $8.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.21        0.21       0.22      Beat    4.8
 Jun. 30 2023  0.20        0.20       0.20      Met     2
 Mar. 31 2023  0.20        0.20       0.19      Missed  -4.5​
 Dec. 31 2022  0.21        0.21       -0.04     Missed  -119.1
 ​​Sep.        0.23        0.23       0.17      Missed  -25.4
 30 2022                                                
 Jun. 30 2022  0.20        0.20       0.44      Beat    117.3​
 Mar. 31 2022  0.18        0.18       0.35      Beat    91.5
 Dec. 31 2021  0.25        0.25       0.52      Beat    105.3
 This summary was machine generated February 20 at 00:56 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)