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

Logan Ridge Finance

16/08/2021 13:47

* Logan Ridge Finance Corp  LRFC.OQ  reported quarterly adjusted
earnings of 1 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 5 cents per share.
* Revenue fell 27.9% to $5.04 million from a year ago;  analysts
expected $4.50 million. 
* Logan Ridge Finance Corp's reported EPS for the quarter was a
loss of $2.79​.
* 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 12.4% this
quarter and gained 91.5% so far this year.
* The company reported a quarterly loss of $7.55 million.
* Wall Street's median 12-month price target for Logan Ridge
Finance Corp is $15.00 
* 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." 
This summary was machine generated August 16 at 12:47 p.m.  ​All
figures in US dollars unless otherwise stated