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

Phenixfin

10/05/2024 19:38

* PhenixFIN Corp  PFX.OQ  reported quarterly adjusted
earnings of
$2.62​​ per share for the quarter ended in March, lower than the
same quarter last year, when the company reported EPS of $3.20. 
The lone analyst forecast for the quarter was for earnings of 79
cents per share. 
    * Revenue fell 5.2% to $4.66 million from a year ago;
analysts
expected $5.60 million. 
    * PhenixFIN Corp's reported EPS for the quarter was $2.62​.
    * The company reported quarterly net income of $5.37
million.
    * PhenixFIN Corp shares had risen by 2.0% this quarter and
gained 6.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.7%
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 May 10 at
06:38 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
 Mar. 31 2024      0.79           2.62           Beat
 Dec. 31 2023      0.78           2.19           Beat
 Sep. 30 2023      0.78           3.51           Beat
 Jun. 30 2023      0.78           4.26           Beat