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

Chicago Atlantic BDC

10/11/2022 23:30

* Silver Spike Investment Corp  SSIC.OQ  reported quarterly
adjusted earnings of 9 cents​​ per share for the quarter ended
in September. The mean expectation of two analysts for the
quarter was for earnings of 11 cents per share.
    * Revenue was $1.17 million​; analysts expected $1.32
million. 
    * Silver Spike Investment Corp's reported EPS for the
quarter was
9 cents​.
    * The mean earnings estimate of analysts had fallen by
about 71.6%
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 0.9% this
quarter.
    * The company reported quarterly net income of $559.92
thousand.
    * Wall Street's median 12-month price target for Silver
Spike
Investment Corp is $13.82 
    * 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 Refinitiv data November
10 at 11:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.11           0.09           Missed
 Jun. 30 2022      0.20