Silver Spike Investment Corp expected to post earnings of 28 cents a share - Earnings Preview

Chicago Atlantic BDC

26/03/2024 12:49

* Silver Spike Investment Corp  SSIC.OQ   SSIC.O  is
expected
to show a rise in quarterly revenue when it reports  results on
March 28 for the period ending December 31 2023
    * The New York City-based  company is expected to report a
64.8% increase in revenue to $3.375 million from $2.05 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Silver Spike Investment
Corp
is for earnings of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 Silver
Spike
Investment Corp is $11.40​, above​ its last closing price
of $9.80. ​​​

This summary was machine generated March 26 at 12:49 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)