Logan Ridge Finance Corp (LRFC, Financial) is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is $5.10 million, and the earnings are expected to come in at $0.36 per share. The full year 2024's revenue is expected to be $20.40 million and the earnings are expected to be $1.08 per share. More detailed estimate data can be found on the Forecast page.
Logan Ridge Finance Corp (LRFC, Financial) Estimates Trends
Revenue estimates for Logan Ridge Finance Corp (LRFC) have remained steady at $20.40 million for the full year 2024 and at $21.00 million for 2025 over the past 90 days. Earnings estimates for Logan Ridge Finance Corp (LRFC) have also remained steady at $1.08 per share for the full year 2024 and at $1.40 per share for 2025 over the past 90 days.
Logan Ridge Finance Corp (LRFC, Financial) Reported History
In the previous quarter of 2024-06-30, Logan Ridge Finance Corp's (LRFC) actual revenue was $5.37 million, which missed analysts' revenue expectations of $5.60 million by -4.11%. Logan Ridge Finance Corp's (LRFC) actual earnings were -$0.25 per share, which missed analysts' earnings expectations of $0.35 per share by -171.43%. After releasing the results, Logan Ridge Finance Corp (LRFC) was flat in one day.
Logan Ridge Finance Corp (LRFC, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 1 analyst, the average target price for Logan Ridge Finance Corp (LRFC) is $24 with a high estimate of $24 and a low estimate of $24. The average target implies a downside of -4.76% from the current price of $25.20.
Based on GuruFocus estimates, the estimated GF Value for Logan Ridge Finance Corp (LRFC, Financial) in one year is $0, suggesting a downside of -100% from the current price of $25.20.
Based on the consensus recommendation from 1 brokerage firm, Logan Ridge Finance Corp's (LRFC, Financial) average brokerage recommendation is currently 1.0, indicating a "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
