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

• Logan Ridge Finance Corp LRFC.OQ reported a quarterly adjusted loss of $2.02​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 65 cents. The lone analyst forecast for the quarter was for earnings of 37 cents per share.

• Revenue fell 7.4% to $4.63 million from a year ago; analysts expected $5.20 million.

• Logan Ridge Finance Corp's reported EPS for the quarter was a loss of $2.02​.

• The company reported a quarterly loss of $5.37 million.

• Logan Ridge Finance Corp shares had fallen by 19.3% this quarter and lost 29.0% so far this year.

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 $24.00

This summary was machine generated from LSEG data May 9 at 06:29 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)