Runway Growth Finance Corp expected to post earnings of 44 cents a share - Earnings Preview

Runway Growth Finance

07/08/2024 03:07

* Runway Growth Finance Corp  RWAY.OQ   RWAY.O  is expected
to show a fall in quarterly revenue when it reports  results on
August 8 for the period ending June 30 2024
    * The Chicago Illinois-based  company is expected to report
a
9.6% decrease in revenue to $37.855 million from $41.9 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. (SAL represents Total Investment Income)
    * ​LSEG's mean analyst estimate for Runway Growth Finance
Corp is
for earnings of 44 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Runway
Growth
Finance Corp is $12.50​, above​ its last closing price
of $11.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.45        0.45       0.46      Beat    1.6
 Jan. 1 2024   0.50        0.49       0.45      Missed  -8.8
 Jan. 1 0001   0.47        0.47       0.54      Beat    15.4​
 Jan. 1 0001   0.45        0.45       0.49      Beat    9.2
 ​​Mar.        0.45        0.45       0.45      Met     -0.3
 31 2023                                                
 Dec. 31 2022  0.39        0.39       0.45      Beat    15​
 Sep. 30 2022  0.35        0.35       0.36      Beat    2.9
 Jun. 30 2022  0.31        0.30       0.35      Beat    15
 This summary was machine generated August 7 at 02:07 GMT.  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)