-+ 0.00%
-+ 0.00%
-+ 0.00%
WhiteHorse: Q3 Earnings Snapshot
Share
Listen to the news

MIAMI (AP) — MIAMI (AP) — WhiteHorse Finance Inc. (WHF) on Monday reported third-quarter net income of $6.5 million.

The Miami-based company said it had net income of 30 cents per share. Earnings, adjusted for investment gains, came to 22 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.

The lender to small companies posted revenue of $14.8 million in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $15.2 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WHF at https://www.zacks.com/ap/WHF

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending