Great Elm Group Inc reports results for the quarter ended in June - Earnings Summary

Great Elm

20/09/2023 22:01

* Great Elm Group Inc  GEG.OQ  reported a quarterly adjusted
loss
of 12 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of 43 cents
per share.
    * Revenue fell 83.2% to $3.03 million from a year ago. 
    * Great Elm Group Inc's reported EPS for the quarter was a
loss
of 12 cents​.
    * The mean earnings estimate of analysts had risen by
about 10.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Great Elm Group Inc shares had risen by 6.8% this
quarter and
gained 8.4% so far this year.
    * The company reported a quarterly loss of $18.46 million.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
September 20 at 09:01 p.m. UTC. ​All figures in US dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.43           -0.12          Missed
 Mar. 31 2023      0.38           0.40           Beat
 Dec. 31 2022      0.30           0.48           Beat