Portman Ridge Finance PTMN is set to give its latest quarterly earnings report on Thursday, 2022-03-10. Here's what investors need to know before the announcement.
Analysts estimate that Portman Ridge Finance will report an earnings per share (EPS) of $0.81.
Portman Ridge Finance bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at Portman Ridge Finance's past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | ||||
| EPS Actual | 1.5 | 1.5 | 1.1 | 0.8 |
| Price Change % | 3.84% | 0.41% | 0.84% | 5.34% |
Stock Performance
Shares of Portman Ridge Finance were trading at $23.85 as of March 08. Over the last 52-week period, shares are up 17.69%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.
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