Portman Ridge Finance (NASDAQ:PTMN) reported its Q4 earnings results on Wednesday, March 13, 2024 at 04:24 PM.
Here's what investors need to know about the announcement.
Earnings
Portman Ridge Finance beat estimated earnings by 51.0%, reporting an EPS of $1.19 versus an estimate of $0.79.
Revenue was down $800 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 2.0% drop in the share price the next day.
Here's a look at Portman Ridge Finance's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.78 | 0.78 | 0.76 | 0.76 |
| EPS Actual | 0.75 | 0.83 | 0.89 | 0.74 |
| Revenue Estimate | 18.98M | 18.80M | 18.78M | 17.79M |
| Revenue Actual | 18.57M | 19.63M | 20.33M | 18.60M |
To track all earnings releases for Portman Ridge Finance visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.