Portman Ridge (PTMN) Q2 Earnings and Revenues Beat Estimates

Portman Ridge (PTMN) came out with quarterly earnings of $0.5 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.7 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +6.38%. A quarter ago, it was expected that this business development company would post earnings of $0.6 per share when it actually produced earnings of $0.47, delivering a surprise of -21.67%.Over the last four quart ...