Portman Ridge Finance (NASDAQ:PTMN) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:12 PM.
Here’s what investors need to know about the announcement.
Earnings
Portman Ridge Finance beat estimated earnings by 17.11%, reporting an EPS of $0.89 versus an estimate of $0.76.
Revenue was up $3.38 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 4.69% drop in the share price the next day.
Here’s a look at Portman Ridge Finance’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.76 | 0.69 | 0.70 | 0.82 |
| EPS Actual | 0.74 | 0.87 | 0.57 | 0.82 |
| Revenue Estimate | 17.79M | 16.48M | 15.96M | 17.07M |
| Revenue Actual | 18.60M | 19.01M | 15.04M | 16.94M |
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.
