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

Runway Growth Finance

05/08/2023 03:14

* Runway Growth Finance Corp  RWAY.OQ   RWAY.O  is expected
to show a rise in quarterly revenue when it reports  results on
August 8. 
    * The Chicago Illinois-based  company is expected to report 
a
60.4% increase in revenue to $40.345 million from $25.16 million
a year ago, according to the mean estimate from 7 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Runway
Growth
Finance Corp is $13.38​, above​ its last closing price
of $12.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.45        0.45       0.45      Met     -0.3
 Dec. 31 2023  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.        0.29        0.29       0.30      Beat    4
 31 2022                                                
 Dec. 31 2021  0.26        0.26       0.28      Beat    5.9​
 This summary was machine generated August 5 at 02:14 GMT.  All
figures in US dollars  unless otherwise stated