Logan Ridge Finance Corp expected to post earnings of 5 cents a share - Earnings Preview

Logan Ridge Finance

06/08/2021 17:50

* Logan Ridge Finance Corp  LRFC.OQ   LRFC.O  is expected
to show a fall in quarterly revenue when it reports results on
August 9 (estimated). 
* The New York City, New York-based company is expected to
report   a 35.7% decrease in revenue to $4.5 million from $7
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 5 cents per share. For the same quarter
last year, the company reported a loss of 18 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
* 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 $15​, about 82.2% below​ its last closing price
of $27.33. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.00        0.18       -0.24     Missed  -230.9
 Dec. 31 2020  0.29        0.23       -0.02     Missed  -108.6
 Sep. 30 2020  0.12        0.10       0.33      Beat    230​
 Jun. 30 2020  0.04        0.06       -0.18     Missed  -400
 Mar.          0.99​       1.00       0.00      Missed  -100​
 31​ 2020​                                              
 Dec. 31 2019  1.20        1.19       0.72      Missed  -39.2​
 Sep. 30 2019  1.40        1.43       1.08      Missed  -24.2
 Jun. 30 2019  1.50        1.46       1.50      Beat    2.5
 This summary was machine generated August 6 at 16:50 GMT.  All
figures in US dollars unless otherwise stated