In This Article:
PhenixFIN (NASDAQ:PFX) Second Quarter 2024 Results
Key Financial Results
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Revenue: US$4.66m (down 5.2% from 2Q 2023).
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Net income: US$5.37m (down 20% from 2Q 2023).
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EPS: US$2.62 (down from US$3.20 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
PhenixFIN EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 17%. Earnings per share (EPS) exceeded analyst estimates significantly.
Looking ahead, revenue is expected to decline by 1.8% p.a. on average during the next 2 years, while revenues in the Capital Markets industry in the US are expected to grow by 5.5%.
Performance of the American Capital Markets industry.
The company's shares are up 5.4% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 4 warning signs for PhenixFIN (2 make us uncomfortable!) that you should be aware of.
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