Bridge Investment Group Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

• Bridge Investment Group Holdings Inc BRDG.N reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of five analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 15 cents to 17 cents per share.

• Revenue rose 9.8% to $103.38 million from a year ago; analysts expected $80.55 million.

• Bridge Investment Group Holdings Inc's reported EPS for the quarter was a loss of 15 cents​.

• The company reported a quarterly loss of $4.05 million.

• Bridge Investment Group Holdings Inc shares had fallen by 5.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the investment management & fund operators peer group is also "hold"

Wall Street's median 12-month price target for Bridge Investment Group Holdings Inc is $8.00

This summary was machine generated from LSEG data February 24 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)