Portman Ridge Finance Q2 EPS $0.83 Beats $0.78 Estimate, Sales $19.63M Beat $18.80M Estimate
Portfolio Pulse from bharat@benzinga.com
Portman Ridge Finance (NASDAQ:PTMN) reported Q2 earnings of $0.83 per share, beating the analyst consensus estimate of $0.78 by 6.41%. This is a 45.61% increase from the same period last year. The company also reported quarterly sales of $19.63 million, beating the analyst consensus estimate of $18.80 million by 4.39%. This is a 30.46% increase from the same period last year.
August 09, 2023 | 8:41 pm
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Portman Ridge Finance's Q2 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Portman Ridge Finance reported better than expected Q2 earnings and sales, which is a positive signal for investors. This strong financial performance could increase investor confidence and demand for the stock, potentially leading to a rise in the stock price.
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