A Preview Of Logan Ridge Finance's Earnings
Portfolio Pulse from Benzinga Insights
Logan Ridge Finance (NASDAQ:LRFC) is scheduled to release its quarterly earnings report on March 13, 2024. Analysts predict an EPS of $0.50. Historical data shows the company has previously beaten EPS estimates, leading to positive stock price movements. Shares are currently trading at $22.7199, with a slight increase of 0.18% over the last 52 weeks. Investors are optimistic but will pay close attention to the company's guidance for future growth.
March 12, 2024 | 4:01 pm
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Logan Ridge Finance is anticipated to report an EPS of $0.50 for the upcoming quarter. Historical performance shows positive stock movement following earnings beats. Currently trading at $22.7199, the stock has seen a modest year-to-date increase of 0.18%.
Given LRFC's history of exceeding EPS estimates and the subsequent positive stock price reactions, it's likely that a similar outcome could occur if the company beats the current EPS estimate of $0.50. The slight year-to-date stock increase suggests a stable but cautious optimism among investors, which could be bolstered by strong earnings and positive future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100