Bridge Investment Group Holdings Inc reports results for the quarter ended in June - Earnings Summary

Bridge Investment group

08/08/2023 24:58

* Bridge Investment Group Holdings Inc  BRDG.N  reported
quarterly
adjusted earnings of 20 cents​​ per share for the quarter ended
in June. The mean expectation of five analysts for the quarter
was for earnings of 20 cents per share.
    * Revenue fell 0.2% to $98.80 million from a year ago;
analysts
expected $83.36 million. 
    * Bridge Investment Group Holdings Inc's reported EPS for
the
quarter was a loss of 24 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Bridge Investment Group Holdings Inc shares had risen
by 8.5%
this quarter and gained 2.2% so far this year.
    * The company reported a quarterly loss of $4.77 million.
    * Wall Street's median 12-month price target for Bridge
Investment
Group Holdings Inc is $14.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 11:58 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.20           0.20           Met
 Mar. 31 2023      0.20           0.19           Missed
 Dec. 31 2022      0.21           -0.04          Missed
 Sep. 30 2022      0.23           0.17           Missed