Yahoo Finance Manhattan Bridge Capital First Quarter 2024 Earnings: EPS: US$0.13 (vs US$0.11 in 1Q 2023)
Manhattan Bridge Capital (NASDAQ:LOAN) First Quarter 2024 Results
Key Financial Results
Revenue: US$1.88m (up 7.5% from 1Q 2023).
Net income: US$1.48m (up 17% from 1Q 2023).
Profit margin: 78% (up from 72% in 1Q 2023). The increase in margin was primarily driven by lower expenses.
EPS: US$0.13 (up from US$0.11 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Manhattan Bridge Capital's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Manhattan Bridge Capital (2 are significant!) that you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
