Bridge Investment Group Q3 2023 Adj EPS $0.22 Beats $0.20 Estimate, Sales $106.27M Beat $96.31M Estimate
Portfolio Pulse from saritha@benzinga.com
Bridge Investment Group (NYSE:BRDG) reported Q3 2023 earnings of $0.22 per share, beating the analyst consensus estimate of $0.20 by 10%. However, this is a 24.14% decrease from the same period last year. The company also reported quarterly sales of $106.27 million, surpassing the analyst consensus estimate of $96.31 million by 10.34%, but this is a 3.76% decrease from the same period last year.
November 07, 2023 | 9:54 pm
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Bridge Investment Group's Q3 2023 earnings and sales beat analyst estimates but are down from the same period last year. This mixed result could lead to uncertain market reactions.
While Bridge Investment Group beat analyst estimates for Q3 2023 earnings and sales, the year-over-year decrease in both metrics could be a concern for investors. This mixed result could lead to uncertain market reactions in the short term.
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