TriplePoint Enterprise Progress (TPVG) got here out with quarterly earnings of $0.29 per share, lac
TriplePoint Enterprise Progress (TPVG) got here out with quarterly earnings of $0.29 per share, lacking the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.46 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of -30.95%. 1 / 4 in the past, it was anticipated that this funding firm would put up earnings of $0.38 per share when it really produced earnings of $0.41, delivering a shock of seven.89%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates 3 times.
TriplePoint Enterprise Progress, which belongs to the Zacks Monetary – SBIC & Business Trade business, posted revenues of $15.69 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 18.58%. This compares to year-ago revenues of $17.68 million. The corporate has topped consensus income estimates 3 times over the past 4 quarters.
The sustainability of the inventory’s…