Logan Ridge Finance Q3 EPS $0.43 Beats $0.32 Estimate, Sales $5.16M Miss $5.40M Estimate
Portfolio Pulse from totan@benzinga.com
Logan Ridge Finance (NASDAQ:LRFC) reported Q3 earnings of $0.43 per share, beating the analyst consensus estimate of $0.32 by 34.37%. However, the company's quarterly sales of $5.16 million missed the analyst consensus estimate of $5.40 million by 4.41%.
November 08, 2023 | 9:51 pm
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Logan Ridge Finance's Q3 earnings beat estimates but sales missed expectations. This mixed result could lead to uncertain market reactions.
Logan Ridge Finance's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. The mixed results could lead to an uncertain market reaction in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100