Logan Ridge Finance Corp reports results for the quarter ended December 31 - Earnings Summary

• Logan Ridge Finance Corp LRFC.OQ reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.02. The lone analyst forecast for the quarter was for earnings of 37 cents per share.

• Revenue rose 22.2% to $5.40 million from a year ago; analysts expected $5.00 million.

• Logan Ridge Finance Corp's reported EPS for the quarter was 5 cents​.

• The company reported quarterly net income of $125 thousand.

• Logan Ridge Finance Corp shares had fallen by 2.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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

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

Wall Street's median 12-month price target for Logan Ridge Finance Corp is $27.00

This summary was machine generated from LSEG data March 13 at 09:42 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)