March 26, 2024

Ron Finklestien

Unfavorable Tidings for Investors: Logan Ridge Finance Falls Short on EPS and Revenue in Q4 2023

LRFC stock - LRFC Stock Earnings: Logan Ridge Finance Misses EPS, Misses Revenue for Q4 2023

Source: iQoncept / Shutterstock

Logan Ridge Finance (NASDAQ:LRFC) recently divulged outcomes for the concluding quarter of 2023.

  • Regrettably, Logan Ridge Finance recorded earnings per share of 22 cents, falling well below the anticipated 50 cents as estimated by analysts.
  • The company’s reported revenue stood at $4.42 million, signaling an 11.70% shortfall compared to the projected $5.00 million revenue forecasted by analysts.

InvestorPlace Earnings prides itself on utilizing TradeSmith data to streamline coverage regarding quarterly earnings statements. Through InvestorPlace Earnings, crucial insights such as earnings per share and revenue figures, as well as comparisons with analyst predictions, are instantly processed. These articles are released without human intervention, allowing us to promptly furnish our readers with the most recent financial data. For any issues or discrepancies, please reach out to us at [email protected].

Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/lrfc-stock-earnings-logan-ridge-finance-for-q4-of-2023/.

©2024 InvestorPlace Media, LLC

Latest articles



Subscribe to Pivot and Flow Daily