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

Logan Ridge Finance

13/05/2022 17:20

* Logan Ridge Finance Corp  LRFC.OQ  reported a quarterly
adjusted
loss of 32 cents​​ per share for the quarter ended in March. The
lone analyst forecast for the quarter was for earnings of 3
cents per share.
    * Revenue fell 27.6% to $3.57 million from a year ago. 
    * 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 fallen by 14.7% this
quarter and lost 16.2% so far this year.
    * The company reported a quarterly loss of $858 thousand.
    * 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 May 13 at 04:20 p.m.  ​All
figures in US dollars unless otherwise stated