Silver Spike Investment Corp reports results for the quarter ended in June - Earnings Summary

Chicago Atlantic BDC

11/08/2023 14:31

* Silver Spike Investment Corp  SSIC.OQ  reported quarterly
adjusted earnings of 31 cents​​ per share for the quarter ended
in June. The mean expectation of two analysts for the quarter
was for earnings of 22 cents per share.
    * Revenue was $2.89 million​; analysts expected $2.61
million. 
    * Silver Spike Investment Corp's reported EPS for the
quarter was
31 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Silver Spike Investment Corp shares had risen by 7.3% this
quarter and lost 10.5% so far this year.
    * The company reported quarterly net income of $1.21
million.
    * Wall Street's median 12-month price target for Silver
Spike
Investment Corp is $11.40 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 11 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.22           0.31           Beat
 Mar. 31 2023      0.17           0.22           Beat
                                  0.19