Revenues beat Expectations, EPS Lags
Saratoga Investment (NYSE:SAR) Third Quarter 2023 Results
Key Financial Results
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Revenue: US$26.3m, up 59% over 3Q2022.
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Net income: US$6.01m (down by 28% from 3Q2022).
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Profit margin: 23% (down 51% from 3Q2022)
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EPS: US$0.51 (down US$0.73 from 3Q 2022).
All figures in the chart are for the trailing 12-month (TTM), period.
Saratoga Investment Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst expectations by 11%. Analyst estimates were 19% off when earnings per share (EPS), were exceeded by revenue.
The revenue growth rate is 14% per year in the forecast. The average growth rate for the Capital Markets industry is 6.8%, while it is expected to grow 14% per annum over the next two years.
Performance of the American Capital Markets industry.
Shares of the company are up 2.8% compared to a week ago.
Risk Analysis
We’ve found some interesting facts before we close. 4 warning signs for Saratoga Investment Three cannot be ignored! These are the things you need to be aware of.
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