Portman Ridge (PTMN) Lags Q3 Earnings and Revenue Estimates
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Portman Ridge (PTMN) reported Q3 earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.70. This is a decrease from $0.75 per share a year ago.
November 08, 2024 | 1:30 am
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Portman Ridge's Q3 earnings of $0.63 per share fell short of the Zacks Consensus Estimate of $0.70, and also decreased from $0.75 per share a year ago.
The earnings miss and year-over-year decline in earnings per share are likely to negatively impact investor sentiment and the stock price in the short term.
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