• Markets
• News

• Runway Growth Finance Corp RWAY.OQ reported quarterly adjusted earnings of 37 cents​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of analysts for the quarter was for earnings of 44 cents per share. Wall Street expected results to range from 40 cents to 46 cents per share.

• Revenue fell 18.4% to $34.19 million from a year ago; analysts expected $37.86 million.

• Runway Growth Finance Corp's reported EPS for the quarter was 21 cents​.

• The company reported quarterly income of $8.29 million.

• Runway Growth Finance Corp shares had fallen by 4.6% this quarter and lost 10.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

• In the last 30 days, there have been revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 8 "hold" and "sell" or "strong sell."

• The average consensus recommendation for the corporate financial services peer group is also "hold"

Wall Street's median 12-month price target for Runway Growth Finance Corp is $12.50

This summary was machine generated from LSEG data August 9 at 12:31 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)