Portman Ridge Finance Corp (PTMN) released a profit for first quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line totaled $4.34 million, or $0.47 per share. This compares with $6.23 million, or $0.67 per share, last year.
Analysts on average had expected the company to earn $0.60 per share. Analysts' estimates typically exclude special items.
Portman Ridge Finance Corp earnings at a glance (GAAP) :
-Earnings: $4.34 Mln. vs. $6.23 Mln. last year.
-EPS: $0.47 vs. $0.67 last year.
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