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

Logan Ridge Finance

09/08/2022 23:36

* Logan Ridge Finance Corp  LRFC.OQ  reported quarterly
adjusted
earnings of $1.86​​ per share for the quarter ended in June. The
lone analyst forecast for the quarter was for a loss of 14 cents
per share.
    * Revenue fell 34.5% to $3.30 million from a year ago. 
    * The mean earnings estimate of analysts had fallen by
about 566.7% 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 31.5% this
quarter and lost 9.7% so far this year.
    * The company reported a quarterly loss of $5.03 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 Refinitiv data August 9
at 10:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.14          1.86           Beat
 Mar. 31 2022      0.03           -0.32          Missed
 Dec. 31 2021      0.01           -0.48          Missed
 Sep. 30 2021      0.01           -0.56          Missed