Runway Growth Finance Corp reports results for the quarter ended in June - Earnings Summary

Runway Growth Finance

09/08/2023 06:20

* Runway Growth Finance Corp  RWAY.OQ  reported quarterly
adjusted
earnings of 49 cents​​ per share for the quarter ended in June.
The mean expectation of nine analysts for the quarter was
for earnings of 45 cents per share.
    * Revenue rose 66.5% to $41.90 million from a year ago;
analysts
expected $40.34 million. 
    * Runway Growth Finance Corp's reported EPS for the quarter
was 55
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Runway Growth Finance Corp shares had risen by 5.2% this
quarter and gained 13.0% so far this year.
    * The company reported quarterly net income of $22.32
million.
    * Wall Street's median 12-month price target for Runway
Growth
Finance Corp is $13.38 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 05:20 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.45           0.49           Beat
 Mar. 31 2023      0.45           0.45           Met
 Dec. 31 2022      0.39           0.45           Beat
 Sep. 30 2022      0.35           0.36           Beat