Bridge Investment Group Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Bridge Investment group

24/02/2025 22:01

* Bridge Investment Group Holdings Inc  BRDG.N  reported
quarterly
adjusted earnings of 18 cents​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of 14 cents.  The mean expectation of
five analysts for the quarter was for earnings of 16 cents per
share. Wall Street expected results to range from 15 cents to 17
cents per share.
    * Revenue rose 9.8% to $103.38 million from a year ago;
analysts
expected $80.55 million. 
    * Bridge Investment Group Holdings Inc's reported EPS for
the
quarter was a loss of 15 cents​.
    * The company reported a quarterly loss of $4.05 million.
    * Bridge Investment Group Holdings Inc shares had fallen
by 5.7%
this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the investment
management & fund operators peer group is also "hold"

Wall Street's median 12-month price target for Bridge Investment
Group Holdings Inc is $8.00 
This summary was machine generated from LSEG data February 24 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.16           0.18           Beat
 Sep. 30 2024      0.18           0.15           Missed
 Jun. 30 2024      0.18           0.19           Beat
 Mar. 31 2024      0.16           0.17           Beat