On Wednesday, October 07, Saratoga Investment SAR will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Saratoga Investment EPS will likely be near $0.26 while revenue will be around $12.90 million, according to analysts. In the same quarter last year, Saratoga Investment announced EPS of $0.68 on revenue of $13.89 million. The Wall Street consensus estimate for earnings would represent a 61.76% decrease for the company. Revenue would be down 7.11% on a year-over-year basis. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:
|Quarter||Q1 2020||Q4 2020||Q3 2020||Q2 2019|
|Revenue Estimate||13.37 M||14.65 M||13.99 M||12.80 M|
|Revenue Actual||13.30 M||17.61 M||14.20 M||13.89 M|
Over the last 52-week period, shares are down 28.23%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Saratoga Investment is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/jiz2bt6i
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