Patria Investments (PAX) Misses Q1 Earnings and Revenue Estimates

Patria Investments (PAX) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of$ 0.25 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8%. A quarter ago, it was expected that this private-market investment firm would post earnings of$ 0.37 per share when it actually produced earnings of $0.58, delivering a surprise of 56.76%.Over the last four ...