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

Chicago Atlantic BDC

12/05/2023 04:16

* Silver Spike Investment Corp  SSIC.OQ  reported quarterly
adjusted earnings of 38 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 17 cents per share.
    * Revenue was $2.46 million​; analysts expected $2.04
million. 
    * Silver Spike Investment Corp's reported EPS for the
quarter was
38 cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Silver Spike Investment Corp shares had fallen by 7.3%
this
quarter and lost 13.0% so far this year.
    * The company reported quarterly net income of $2.36
million.
    * Wall Street's median 12-month price target for Silver
Spike
Investment Corp is $11.00 
    * 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 May
12 at 03:16 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.17           0.38           Beat
                                  0.19