Bridge Investment Group: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Bridge Investment Group (NYSE:BRDG) reported Q3 earnings, beating estimated earnings by 10.0% with an EPS of $0.22. However, revenue was down $4.15 million from the same period last year. Last quarter, the company missed on EPS which was followed by a 6.24% drop in the share price.
November 07, 2023 | 9:55 pm
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Bridge Investment Group's Q3 earnings beat estimates but revenue was down YoY. Last quarter's EPS miss led to a share price drop.
While Bridge Investment Group beat earnings estimates, the decrease in revenue compared to the same period last year could be a concern for investors. Additionally, the company's share price dropped after missing EPS last quarter, which could influence investor sentiment.
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