TriplePoint Venture Growth (TPVG) Misses Q4 Earnings Estimates

Core Viewpoint - TriplePoint Venture Growth (TPVG) reported quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of$ 0.33 per share, and down from $0.47 per share a year ago, indicating a -3.03% earnings surprise [1] Financial Performance - The company posted revenues of$ 25.75 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.51%, but down from $32.97 million year-over-year [2] - Over the last four quarters, TPVG has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Stock Performance - TPVG shares have increased approximately 7.5% since the beginning of the year, contrasting with the S&P 500's decline of -1.8% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.31 on revenues of $24.72 million, and for the current fiscal year, it is$ 1.28 on revenues of $98.63 million [7] - The estimate revisions trend for TPVG is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Financial - SBIC & Commercial Industry, to which TPVG belongs, is currently in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]