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

Great Elm

06/05/2023 09:35

* Great Elm Group Inc  GEG.OQ  reported quarterly adjusted
earnings of 40 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 38
cents per share.
    * Revenue fell 88.6% to $1.90 million from a year ago. 
    * Great Elm Group Inc's reported EPS for the quarter was 41
cents​.
    * The mean earnings estimate of analysts had risen by
about 22.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Great Elm Group Inc shares had fallen by 15.4% this
quarter and
lost 5.0% so far this year.
    * The company reported quarterly net income of $11.75
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 May
6 at 08:35 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.38           0.40           Beat
 Dec. 31 2022      0.30           0.48           Beat
 Jun. 30 2022      0.36           -0.18          Missed