Investing.com - Logan Ridge Finance reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Logan Ridge Finance announced earnings per share of $0.07 on revenue of $3.75M. Analysts polled by Investing.com anticipated EPS of $0.03 on revenue of $4.6M.
Logan Ridge Finance shares are down 16% from the beginning of the year, still down 28.00% from its 52 week high of $26.50 set on November 10, 2021.
Logan Ridge Finance follows other major Financial sector earnings this month
Logan Ridge Finance's report follows an earnings missed by Berkshire Hathaway A on Saturday, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
JPMorgan had beat expectations on October 14 with third quarter EPS of $3.12 on revenue of $32.72B, compared to forecast for EPS of $2.92 on revenue of $32.13B.
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