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LRFC — Logan Ridge Finance News Story

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Logan Ridge Finance Corp reports results for the quarter ended December 31 - Earnings Summary

Logan Ridge Finance Corp LRFC.OQ reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.02.  The lone analyst forecast for the quarter was for earnings of 37 cents per share.

Revenue rose 22.2% to $5.40 million from a year ago; analysts expected $5.00 million.

Logan Ridge Finance Corp's reported EPS for the quarter was 5 cents​.

The company reported quarterly net income of $125 thousand.

Logan Ridge Finance Corp shares had fallen by 2.1% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the investment management & fund operators peer group is also "strong buy"

Wall Street's median 12-month price target for Logan Ridge Finance Corp is $27.00

This summary was machine generated from LSEG data March 13 at 09:42 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.370.05Missed
Sep. 30 20240.36-0.50Missed
Jun. 30 20240.35-0.25Missed
Mar. 31 20240.360.65Beat

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