PhenixFIN Corp reports results for the quarter ended in January - Earnings Summary

Phenixfin

08/08/2024 22:02

* PhenixFIN Corp  PFX.OQ  reported quarterly adjusted
earnings of
$1.29​​ per share for the quarter ended in January, lower than
the same quarter last year, when the company reported EPS of
$4.26.  The lone analyst forecast for the quarter was
for earnings of 65 cents per share. 
    * Revenue rose 28.9% to $6.23 million from a year ago;
analysts
expected $5.17 million. 
    * PhenixFIN Corp's reported EPS for the quarter was $1.29​.
    * The company reported quarterly net income of $2.61
million.
    * PhenixFIN Corp shares had risen by 1.5% this quarter and
gained 15.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.5%
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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the closed end
funds
peer group is also "hold"

This summary was machine generated from LSEG data August 8 at
09:01 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 1 0001       0.65           1.29           Beat
 Mar. 31 2024      0.79           2.62           Beat
 Dec. 31 2023      0.78           2.19           Beat
 Sep. 30 2023      0.78           3.51           Beat