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

Great Elm Group (NASDAQ:GEGGet Free Report) posted its quarterly earnings results 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. Great Elm Group had a negative return on equity of 1.63% and a negative net margin of 6.41%. The company had revenue of $3.99 million during the quarter.

Great Elm Group Stock Performance

Shares of NASDAQ GEG traded up $0.04 during mid-day trading on Tuesday, hitting $1.81. The company had a trading volume of 11,616 shares, compared to its average volume of 22,107. 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 P/E ratio of -36.20 and a beta of 1.00. The business’s 50-day simple moving average is $1.85 and its 200-day simple moving average is $1.82. The company has a debt-to-equity ratio of 0.87, a current ratio of 15.26 and a quick ratio of 15.26.

Great Elm Group Company Profile

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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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