Portman Ridge (PTMN) Beats Q2 Earnings Estimates

Portman Ridge (PTMN) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of$ 0.69 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.45%. A quarter ago, it was expected that this business development company would post earnings of$ 0.74 per share when it actually produced earnings of $0.67, delivering a surprise of -9.46%. Over the last four qu ...