Runway Growth Finance Corp expected to post earnings of 45  cents a share - Earnings Preview

Runway Growth Finance

06/05/2023 03:08

* Runway Growth Finance Corp  RWAY.OQ   RWAY.O  is expected
to show a rise in quarterly revenue when it reports  results on
May 9. 
    * The Chicago Illinois-based  company is expected to report 
a
109.0% increase in revenue to $40.244 million from $19.26
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Runway Growth
Finance
Corp is for earnings of 45 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Runway
Growth
Finance Corp is $14.5​, above​ its last closing price of $11.18.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2022  0.29        0.29       0.30      Beat    4
 ​​Dec.        0.26        0.26       0.28      Beat    5.9
 31 2021                                                
                                                        ​
 This summary was machine generated May 6 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated