SuRo Capital Q2 EPS $(0.15) Misses $(0.13) Estimate, Sales $1.37M Beat $1.30M Estimate
Portfolio Pulse from bharat@benzinga.com
SuRo Capital (NASDAQ:SSSS) reported Q2 losses of $(0.15) per share, missing the analyst consensus estimate of $(0.13) by 15.38 percent. This is a 25 percent decrease from the same period last year. However, the company reported quarterly sales of $1.37 million, beating the analyst consensus estimate of $1.30 million by 5.54 percent, a 54.05 percent increase from last year.
August 09, 2023 | 8:28 pm
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SuRo Capital's Q2 earnings per share missed estimates, but sales exceeded expectations.
SuRo Capital's Q2 earnings per share missed the analyst consensus estimate, which could negatively impact the stock. However, the company's sales exceeded expectations, which could offset the negative impact of the earnings miss. The net effect on the stock is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100