Manhattan Bridge Capital Q2 EPS $0.12 Beats $0.11 Estimate, Sales $2.40M Up From $2.12M YoY
Portfolio Pulse from Benzinga Newsdesk
Manhattan Bridge Capital (NASDAQ:LOAN) reported Q2 earnings of $0.12 per share, beating the analyst consensus estimate of $0.11 by 9.09%. The company's sales for the quarter were $2.40 million, a 13.32% increase from $2.12 million in the same period last year.
July 20, 2023 | 8:36 pm
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Manhattan Bridge Capital's Q2 earnings beat estimates and sales increased YoY, which could positively impact the stock.
Manhattan Bridge Capital reported better than expected Q2 earnings and an increase in sales YoY. This positive financial performance could lead to an increase in the company's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100