Silver Spike Investment Corp expected to post earnings of 8 cents a share - Earnings Preview

Chicago Atlantic BDC

08/05/2024 13:41

* Silver Spike Investment Corp  SSIC.OQ   SSIC.O  is
expected
to show a fall in quarterly revenue when it reports  results on
May 10 for the period ending March 31 2024
    * The New York City-based  company is expected to report a
3.2% decrease in revenue to $2.38 million from $2.46 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Silver Spike Investment
Corp
is for earnings of 8 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 had risen by
about 358.3%
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 $11.40. ​​​

This summary was machine generated May 8 at 12:41 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)