Portman Ridge Finance: Q1 Earnings Insights

Portman Ridge Finance 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.

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.

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.

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