Logan Ridge Finance: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Logan Ridge Finance (NASDAQ:LRFC) reported its Q3 earnings, beating estimated earnings by 34.38% with an EPS of $0.43 versus an estimate of $0.32. Revenue was up $1.41 million from the same period last year. Last quarter, the company beat on EPS by $0.15, which was followed by a 2.64% increase in the share price the next day.
November 08, 2023 | 9:55 pm
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Logan Ridge Finance's Q3 earnings beat estimates, which could lead to a positive impact on its stock price.
Logan Ridge Finance reported a significant beat on its Q3 earnings, exceeding estimates by 34.38%. This positive financial performance, coupled with the fact that the company's stock price increased by 2.64% the day after it beat EPS estimates last quarter, suggests that the stock price is likely to react positively to this news.
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RELEVANCE 100