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

Runway Growth Finance

10/05/2023 17:54

* Runway Growth Finance Corp  RWAY.OQ  reported quarterly
adjusted
earnings of 45 cents​​ per share for the quarter ended in March.
The mean expectation of nine analysts for the quarter was
for earnings of 45 cents per share.
    * Revenue rose 104.1% to $39.31 million from a year ago;
analysts
expected $40.24 million. 
    * Runway Growth Finance Corp's reported EPS for the quarter
was 30
cents​.
    * The mean earnings estimate of analysts had risen by
about 10.4%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Runway Growth Finance Corp shares had fallen by 5.3% this
quarter and lost 0.5% so far this year.
    * The company reported quarterly net income of $11.98
million.
    * Wall Street's median 12-month price target for Runway
Growth
Finance Corp is $13.75 
    * 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 May
10 at 04:54 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.45           0.45           Met
 Dec. 31 2022      0.39           0.45           Beat
 Sep. 30 2022      0.35           0.36           Beat
 Jun. 30 2022      0.30           0.35           Beat