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

Logan Ridge Finance

09/03/2023 22:48

* Logan Ridge Finance Corp  LRFC.OQ  reported a quarterly
adjusted
loss of $1.17​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for earnings of 6
cents per share.
    * Revenue fell 41.7% to $4.54 million from a year ago;
analysts
expected $4.10 million. 
    * Logan Ridge Finance Corp's reported EPS for the quarter
was a
loss of $1.17​.
    * 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. 
    * Logan Ridge Finance Corp shares had risen by 8.6% this
quarter.
    * The company reported a quarterly loss of $3.17 million.
    * Wall Street's median 12-month price target for Logan Ridge
Finance Corp is $24.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 10:48 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.06           -1.17          Missed
 Sep. 30 2022      -0.19          0.07           Beat
 Jun. 30 2022      -0.14          -1.86          Missed
 Mar. 31 2022      0.03           -0.32          Missed