Portman Ridge (PTMN) Lags Q3 Earnings and Revenue Estimates

Portman Ridge (PTMN) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of$ 0.70 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10%. A quarter ago, it was expected that this business development company would post earnings of$ 0.69 per share when it actually produced earnings of $0.70, delivering a surprise of 1.45%.Over the last four quarte ...