Great Elm Group (NASDAQ:GEG) Posts Quarterly Earnings Results, Misses Expectations By $0.26 EPS

Great Elm Group (NASDAQ:GEGGet Free Report) released its quarterly earnings data on Monday. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.26), Zacks reports. The business had revenue of $3.99 million during the quarter. Great Elm Group had a negative net margin of 6.41% and a negative return on equity of 1.63%.

Great Elm Group Stock Performance

Great Elm Group stock traded up $0.04 during trading hours on Tuesday, reaching $1.81. 11,616 shares of the company were exchanged, compared to its average volume of 22,107. The stock has a 50-day moving average of $1.85 and a 200 day moving average of $1.82. The company has a current ratio of 15.26, a quick ratio of 15.26 and a debt-to-equity ratio of 0.87. Great Elm Group has a 12 month low of $1.71 and a 12 month high of $2.12. The firm has a market cap of $57.69 million, a price-to-earnings ratio of -36.20 and a beta of 1.00.

Great Elm Group Company Profile

(Get Free Report)

Great Elm Group, Inc operates as a asset management company. The company engages in credit, real estate, and finance businesses. It is also involved in business development related activities and offers investment management services. The company was formerly known as Great Elm Capital Group, Inc and changed its name to Great Elm Group, Inc in December 2020.

See Also

Earnings History for Great Elm Group (NASDAQ:GEG)

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