* Runway Growth Finance Corp reported quarterly adjusted earnings of 41 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 54 cents. The mean expectation of nine analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from 39 cents to 47 cents per share.
* Revenue rose 0.2% to $36.65 million from a year ago; analysts expected $38.68 million.
* Runway Growth Finance Corp's reported EPS for the quarter was 65 cents.
* The company reported quarterly net income of $25.05 million.
* Runway Growth Finance Corp shares had risen by 2.1% this quarter and lost 15.4% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 1% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the corporate financial services peer group is also "hold"
Wall Street's median 12-month price target for Runway Growth Finance Corp is 12.00 This summary was machine generated from LSEG data November 13 at 12:06 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.45 0.41 Missed
Jun. 30 2024 0.44 0.37 Missed
Mar. 31 2024 0.45 0.46 Beat
Dec. 31 2023 0.49 0.45 Missed
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