Logan Ridge Finance Corp expected to post earnings of 1cent a share - Earnings Preview

Logan Ridge Finance

04/03/2022 11:33

* Logan Ridge Finance Corp  LRFC.OQ   LRFC.O  is expected
to show
a fall in quarterly revenue when it reports  results on March
14. 
    * The New York City-based  company is expected to report  a
31.3% decrease in revenue to $3.9 million from $5.68 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Logan Ridge Finance
Corp
is for earnings of 1 cent per share. For the same quarter last
year, the company reported a loss of 2 cents per share.
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Logan Ridge
Finance Corp is $32​, about 23% above​ its last closing price
of $24.64. ​​​

This summary was machine generated March 4 at 11:33 GMT.  All
figures in US dollars  unless otherwise stated