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Logan Ridge Finance (LRFC)
NASDAQ:LRFC
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.35Last Year’s EPS
0.28Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 1.84%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Negative
The earnings call presented a mixed picture. While there were notable achievements, such as the successful exit from GA Communications and increased investment in the BC Partners Credit platform, these were overshadowed by significant challenges, including decreased investment income, a decline in net asset value, and continued issues with non-accrual investments. The potential merger with Portman Ridge offers some optimism, but the current financial setbacks and portfolio challenges weigh heavily on the sentiment.Company Guidance
During the first quarter of 2025, Logan Ridge Finance Corporation made significant progress in optimizing its portfolio, achieving net deployment of $2.7 million despite the large write-down of $4.4 million on its legacy investment in Sequoia Healthcare. As of March 31, 2025, the fair value of Logan's portfolio was approximately $169.6 million, with 71.8% of the portfolio originating from the BC Partners Credit platform. The equity portfolio was reduced to 12% of the total portfolio at fair value, down from 13.8% in the previous quarter. Logan Ridge reported a decrease in investment income to $4.6 million, with net investment income standing at $0.9 million, and a net asset value of $78.8 million, a 7.4% decline from the prior quarter. With $5.1 million in cash and $31.5 million in unused borrowing capacity, the company is poised for further strategic investments. As part of its long-term strategy, Logan Ridge is pursuing a merger with Portman Ridge, aimed at enhancing scale and operational efficiency.Successful Exit from GA Communications
Logan Ridge Finance Corporation successfully exited its second largest non-yielding equity investment in GA Communications, reducing the legacy equity portfolio to 10.8% from 13.8% the previous quarter and 18.2% a year prior.
Increased Investment in BC Partners Credit Platform
71.8% of Logan Ridge's investment portfolio at fair value is now invested in assets originated by the BC Partners Credit platform, up from 66.7% at the end of the last quarter.
Potential Benefits from Portman Ridge Merger
The proposed merger with Portman Ridge is expected to offer increased scale, improved liquidity, and enhanced operational efficiencies.
LRFC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LRFC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $17.40 | $17.25 | -0.86% |
Mar 13, 2025 | $23.79 | $22.61 | -4.96% |
Nov 07, 2024 | $23.75 | $23.95 | +0.84% |
Aug 08, 2024 | $20.41 | $20.31 | -0.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Logan Ridge Finance (LRFC) report earnings?
Logan Ridge Finance (LRFC) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Logan Ridge Finance (LRFC) earnings time?
Logan Ridge Finance (LRFC) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LRFC EPS forecast?
LRFC EPS forecast for the fiscal quarter 2025 (Q2) is 0.35.