Logan Ridge Finance Q4 Net Investment Income $0.22 Misses
Portfolio Pulse from Benzinga Newsdesk
Logan Ridge Finance (NASDAQ:LRFC) reported its Q4 earnings at $0.22 per share, missing the analyst consensus estimate of $0.50 by 56%.
March 26, 2024 | 8:22 pm
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Logan Ridge Finance reported Q4 earnings of $0.22 per share, missing the consensus estimate of $0.50 by 56%.
Missing the consensus earnings estimate by a significant margin (56%) is likely to negatively impact investor sentiment and could lead to a short-term decrease in LRFC's stock price. The magnitude of the miss suggests underlying issues that may concern investors, affecting the stock's performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100